How To Fix HRCMP00LTI038 - Sale of awards is not possible until &1 after exercise (waiting period)

SAP Error Message - Details

• Message type: E = Error

• Message class: HRCMP00LTI - Messages for Long-Term Incentives

• Message number: 038

• Message text: Sale of awards is not possible until &1 after exercise (waiting period)

Self-Explanatory Message

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• What is the cause and solution for SAP error message HRCMP00LTI038 - Sale of awards is not possible until &1 after exercise (waiting period) ?

  The SAP error message HRCMP00LTI038 indicates that there is a restriction on the sale of awards (such as stock options or other equity awards) due to a waiting period that must be observed after the exercise of those awards. This is a common scenario in compensation management, particularly in organizations that offer stock options or similar benefits to employees.
  Cause:
  The error occurs because the system is enforcing a waiting period that is defined in the configuration of the award plan. This waiting period is typically a compliance measure to ensure that employees do not sell their exercised awards immediately, which could be against company policy or regulatory requirements.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Waiting Period Configuration:
  
  Review the configuration settings for the award plan in SAP. Look for the defined waiting period after the exercise of the awards.
  Ensure that the waiting period is correctly set according to company policy and regulatory requirements.
  
  
  
  Verify the Exercise Date:
  
  Confirm the exercise date of the award. The system calculates the waiting period based on this date.
  Ensure that the current date is beyond the waiting period defined in the system.
  
  
  
  Communicate with Employees:
  
  If you are managing employee awards, communicate the waiting period policy to employees to avoid confusion.
  Provide guidance on when they will be eligible to sell their awards.
  
  
  
  Adjust the Award Plan (if necessary):
  
  If the waiting period is too long or not aligned with company policy, consider adjusting the award plan settings in SAP.
  Consult with HR and legal teams to ensure compliance with any relevant regulations.
  
  
  
  Consult SAP Documentation:
  
  Refer to SAP documentation or help resources for specific details on managing award plans and understanding error messages related to them.
  
  
  
  Related Information:
  
  SAP Modules: This error is typically related to the SAP Human Capital Management (HCM) module, specifically in the area of compensation management.
  Compliance: Organizations often have compliance requirements that dictate waiting periods for the sale of stock options or other equity awards. This can be influenced by local laws, company policies, or stock exchange regulations.
  User Roles: Ensure that users attempting to sell awards have the appropriate roles and permissions in SAP to perform these actions.
  
  By following these steps, you should be able to address the error message and ensure compliance with the waiting period requirements for the sale of awards.