As the Well Being award is a benefit in kind for the employee and is not paid in actual monetary form, so Well Being award should also be reported as deduction to offset the earning amount. In the deduction side this amount needs to be reported under "Other Deduction" and so the amount under "Other Deduction" should match the amount under the 'Well Being'.
FAQ:
1) What is the earn code for Well Being award?
Answer – XFM, Description – ‘Well Being’
2) Do you need to use separate column to calculate tax assist of Well Being award?
Answer - Yes
3) What is the earn code for reflecting tax assist amount against the Well Being award?
Answer – XFP, Description – ‘Global Gross Up’
4) Do you need to use separate column to reflect the Well Being award deduction?
Answer - Yes
5) What is the deduction code for Well Being award deduction?
Answer - Code DAU, Description - 'Other Deduction'
6) What will be the deduction amount for Well Being award?
Answer - The deduction amount will be equal to the net earning amount of Well Being award and will NOT include the tax assist amount.