What is compensation information in SAP LOD-SF-EC - Employee Central?

SAP Term: compensation information

• Component: LOD-SF-EC

• Component Name: Employee Central

• Description: A record of the recurrent and one-time payments made to an employee. showing the changes over time. One of the three areas under Employment Information in .

Smart SAP Assistant

• Key Concepts: 
  Compensation information in SAP Employee Central is a feature that allows employers to store and manage employee compensation data. This includes salary, bonuses, and other forms of compensation. It also allows employers to track changes in compensation over time. 
  
  How to use it: 
  Compensation information in SAP Employee Central can be accessed through the “Compensation” tab in the employee profile. Here, employers can view and edit employee compensation data, including salary, bonuses, and other forms of compensation. They can also track changes in compensation over time. 
  
  Tips & Tricks: 
  When entering compensation information into SAP Employee Central, it is important to ensure that all data is accurate and up-to-date. This will help ensure that employees are paid correctly and on time. 
  
  Related Information: 
  For more information on how to use the Compensation Information feature in SAP Employee Central, please refer to the official SAP documentation.