What is earnings category in SAP IS-R-WFM - Retail Workforce Management?

SAP Term: earnings category

• Component: IS-R-WFM

• Component Name: Retail Workforce Management

• Description: Classification of earnings that allows the use of compensation components to remunerate employees in your company for time worked or services performed. Examples include: One-time earnings such as a one-time bonus Recurring earnings such as a regular salary

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• Key Concepts: 
  Earnings category is a feature of the SAP IS-R-WFM Retail Workforce Management component. It is used to define the type of earnings that an employee can receive, such as salary, bonus, or commission. It also allows for the calculation of taxes and deductions based on the type of earnings. 
  
  How to use it: 
  The earnings category feature can be used to set up different types of earnings for employees. This can be done by creating a new earnings category and assigning it to an employee. The earnings category can then be used to calculate taxes and deductions based on the type of earnings. 
  
  Tips & Tricks: 
  When setting up an earnings category, it is important to ensure that all relevant information is included, such as the type of earnings, tax rate, and deductions. This will ensure that the correct calculations are made when calculating taxes and deductions. 
  
  Related Information: 
  For more information on setting up an earnings category in SAP IS-R-WFM Retail Workforce Management, please refer to the official SAP documentation.