What is exercise window in SAP PA-CM - Compensation Management?

SAP Term: exercise window

• Component: PA-CM

• Component Name: Compensation Management

• Description: Object that consists of an exercise group and a period. The employees assigned to the group are allowed to exercise granted stock options during the corresponding period.

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• Key Concepts: 
  Exercise window is a feature of SAP's Compensation Management (PA-CM) component. It allows users to define a period of time in which employees can exercise their stock options. During this period, employees can purchase shares of the company's stock at a predetermined price. 
  
  How to use it: 
  To use the exercise window feature, users must first define the period of time in which the window will be open. This can be done by setting a start and end date for the window. Once the window is open, employees can purchase shares of the company's stock at the predetermined price. 
  
  Tips & Tricks: 
  It is important to ensure that the exercise window is open for a sufficient amount of time so that employees have enough time to make their purchase decisions. Additionally, it is important to ensure that the predetermined price is fair and reasonable for both the company and its employees. 
  
  Related Information: 
  The exercise window feature is part of SAP's Compensation Management (PA-CM) component. Other features of this component include salary planning, bonus planning, and performance management. Additionally, SAP also offers other components such as Human Capital Management (HCM) and Financial Accounting (FI) that can be used in conjunction with PA-CM to manage employee compensation.