Comprehensive and Detailed In-Depth Explanation:
Theemployee master filecontains static data needed for payroll processing and compliance:
Form W-4 elections= FIT withholding
Home address= Required for tax forms
Seniority date= Often used for benefits eligibility
Shift differentialisnot static; it’s apay component, not a master file data point.
[References:, The Payroll Source, Chapter 5: Payroll Records & Master Files, ]
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