WCPSS Payroll Calendar 25-26: A Comprehensive Guide for Employees and Managers

The WCPSS payroll calendar is an essential tool for employees and managers alike, providing a comprehensive overview of key dates, deadlines, and responsibilities related to payroll processing. By understanding the nuances of the payroll calendar, employees can ensure timely and accurate payments, while managers can effectively oversee the payroll process.

This guide will delve into the intricacies of the WCPSS payroll calendar for the 25-26 pay period, outlining key dates, employee and manager responsibilities, payroll processing timelines, and other pertinent information. Additionally, we will address frequently asked questions to provide a comprehensive understanding of the payroll process.

Payroll Direct Deposit

Payroll direct deposit is a convenient way for WCPSS employees to receive their paychecks.

To set up direct deposit, employees need to complete a direct deposit form and submit it to their payroll department.

Changing Direct Deposit Information

Employees can change their direct deposit information at any time by completing a new direct deposit form.

Payroll Deductions

Payroll deductions are a common part of working life, and WCPSS employees are no exception. There are a variety of payroll deductions that may be applicable to you, including:

• Health insurance
• Dental insurance
• Vision insurance
• Retirement contributions
• Flexible spending accounts
• Union dues
• Charity donations

The amount of your payroll deductions will vary depending on your individual circumstances and the benefits you choose to participate in. You can manage and adjust your payroll deductions by logging into the WCPSS employee self-service portal.

Health Insurance

Health insurance is a type of insurance that helps you pay for medical expenses. There are a variety of health insurance plans available, and the type of plan you choose will affect the amount of your payroll deductions.

Dental Insurance

Dental insurance is a type of insurance that helps you pay for dental care. There are a variety of dental insurance plans available, and the type of plan you choose will affect the amount of your payroll deductions.

Vision Insurance

Vision insurance is a type of insurance that helps you pay for eye care. There are a variety of vision insurance plans available, and the type of plan you choose will affect the amount of your payroll deductions.

Retirement Contributions

Retirement contributions are a type of savings that you can use to help you save for retirement. There are a variety of retirement plans available, and the type of plan you choose will affect the amount of your payroll deductions.

Flexible Spending Accounts

Flexible spending accounts (FSAs) are a type of savings account that you can use to pay for qualified medical expenses. FSAs are funded with pre-tax dollars, which means that you can save money on your taxes.

Union Dues

Union dues are a type of fee that you pay to your union. Union dues are used to support the union’s activities, such as negotiating contracts and providing member benefits.

Charity Donations

Charity donations are a type of gift that you make to a charitable organization. Charity donations can be made through payroll deductions.

Payroll Taxes

Payroll taxes are a significant part of employee compensation and are deducted from paychecks before employees receive their net pay.

Employees in the United States pay several types of payroll taxes, including:

Federal Income Tax

• Based on your income and filing status.
• Withheld according to the amount you earn each pay period.
• Can be estimated using the IRS Withholding Calculator.

Federal Social Security Tax

• Pays for Social Security benefits, such as retirement, disability, and survivor benefits.
• Withheld at a rate of 6.2% on earnings up to the Social Security wage base ($160,200 in 2023).

Federal Medicare Tax

• Pays for Medicare benefits, such as hospital insurance and medical insurance.
• Withheld at a rate of 1.45% on all earnings.

North Carolina State Income Tax

• Based on your income and filing status.
• Withheld according to the amount you earn each pay period.
• Can be estimated using the North Carolina Department of Revenue Withholding Calculator.

Frequently Asked Questions

What is the purpose of the WCPSS payroll calendar?

The WCPSS payroll calendar provides a detailed schedule of key dates and deadlines related to payroll processing, ensuring timely and accurate payments to employees.

How can employees access their payroll information?

Employees can access their payroll information through the WCPSS employee portal or by contacting the Human Resources department.

What are the responsibilities of managers in relation to the payroll calendar?

Managers are responsible for ensuring accurate and timely payroll processing, including approving timesheets, verifying payroll information, and addressing any payroll-related issues.

How can employees set up direct deposit for their paychecks?

Employees can set up direct deposit through the WCPSS employee portal or by completing a direct deposit form and submitting it to the Human Resources department.

What payroll deductions may be applicable to WCPSS employees?

WCPSS employees may be subject to various payroll deductions, including federal and state income taxes, Social Security and Medicare taxes, and voluntary deductions for benefits such as health insurance and retirement savings.