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SIMG_OHCMP_0020 - Define Compensation Components

SIMG_OHCMP_0020 - Define Compensation Components

BAL_S_LOG - Application Log: Log header data   Vendor Master (General Section)  
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In this step, you define your compensation components. Components represent the types of compensation that you offer to your employees. For example, base pay, bonus, stock options, incentives.

They are also used for compensation packaging and reporting.

The system supports the following compensation categories:

1 = Fixed

2 = Variable

3 = Long-term incentives

These categories are fixed and cannot be changed. Your components should be defined in such a way that they fit into these categories.

Component Category
Base pay Fixed
Bonus Variable
Executive incentive Long-term incentives

The SAP system contains sample components that you can use or modify to meet your requirements.

  1. Determine which components you require in your organization for each of the categories
  2. Choose New entries
  3. Enter a four-character identifier for each component
  4. Enter a description
  5. Enter the appropriate category for each component
  6. Save your entries






ROGBILLS - Synchronize billing plans   General Data in Customer Master  
This documentation is copyright by SAP AG.

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