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Component: LOD-HCM
Component Name: Human Capital Management onDemand
Description: A significant phase in someone's career history.
Key Concepts: Career stage is a feature of the SAP LOD-HCM Human Capital Management onDemand component. It is a way to categorize employees based on their career development and progression. It allows employers to track the progress of their employees and plan for their future growth. How to use it: Career stage can be used to identify employees who are ready for promotion or additional training. It can also be used to identify employees who may need additional support or guidance in order to reach their career goals. Employers can use this information to create targeted development plans for each employee. Tips & Tricks: When setting up career stages, it is important to consider the individual needs of each employee. Different employees may have different career goals and require different levels of support in order to reach them. It is also important to ensure that the career stages are regularly updated in order to reflect changes in an employee’s skills and experience. Related Information: The SAP LOD-HCM Human Capital Management onDemand component also includes features such as performance management, succession planning, and talent management. These features can be used in conjunction with career stage to create comprehensive development plans for each employee.