What is waiting period in SAP PA-BN - Benefits?

SAP Term: waiting period

• Component: PA-BN

• Component Name: Benefits

• Description: The definition of a waiting period for enrollment in benefit plans. A waiting period consists of a base waiting period plus the period after the base waiting period up to a specified enrollment date if defined, for example, the first day of the first month.

Smart SAP Assistant

• Key Concepts: 
  A waiting period is a period of time that must pass before an employee can become eligible for certain benefits. In the SAP Benefits (PA-BN) component, a waiting period is the amount of time that must pass before an employee can become eligible for certain benefits, such as health insurance or vacation time. 
  
  How to use it: 
  In the SAP Benefits (PA-BN) component, a waiting period is set up by the employer and can be configured to meet the needs of the organization. The waiting period can be set up to start on the employee’s hire date, or it can be set up to start on a specific date in the future. The waiting period can also be set up to end on a specific date in the future, or it can be set up to end when certain conditions are met. 
  
  Tips & Tricks: 
  When setting up a waiting period in the SAP Benefits (PA-BN) component, it is important to consider how long the waiting period should be and what conditions should be met for it to end. It is also important to consider how this will affect employees and their eligibility for benefits. 
  
  Related Information: 
  For more information about setting up a waiting period in the SAP Benefits (PA-BN) component, please refer to the SAP Help documentation.