Before You Begin: Ensure that you are familiar with the concepts in the topic Earnings and the Earnings Tab.
Deferred compensation and pension plans require existing earnings to be set up before they can be added to a deferred compensation or pension plan. The earnings are the amounts that employers contribute toward deferred compensation plans or pension plans of employees. These earnings are configured in the Earnings tab of Payroll Setup > Earnings and Deductions.
If employer-contributed amounts vary, or if the methods by which they are calculated are different for different employee groups, you must configure multiple earnings representing the employer contributions. For example, if managers receive a 50% match of their contributions, and full-time non-management employees receive a flat amount of $100 a month, you must configure two earnings.
You can configure appropriate earnings to represent employer contributions in Payroll Setup following the normal process. See Earnings and the Earnings Tab.