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

exercise window rule - Overview

• Component: PA-CM

• Component Name: Compensation Management

• Description: Object that includes one or more exercise windows and is used to assign them, grouped together, to an award.

exercise window rule - Details

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  Key Concepts: 
  The Exercise Window Rule in SAP Compensation Management (PA-CM) is a feature that allows users to define a period of time during which employees can exercise their stock options. This period is known as the exercise window and is typically set by the company’s board of directors. The Exercise Window Rule allows users to set the start and end dates of the exercise window, as well as any restrictions or conditions that must be met in order for an employee to exercise their stock options. 
  
  How to use it: 
  To use the Exercise Window Rule in SAP Compensation Management, users must first define the start and end dates of the exercise window. This can be done by navigating to the “Exercise Window” tab in the PA-CM application and entering the desired start and end dates. Once this is done, users can then set any restrictions or conditions that must be met in order for an employee to exercise their stock options. These restrictions or conditions can include things such as minimum vesting periods, maximum number of shares that can be exercised, or any other criteria that must be met before an employee can exercise their stock options. 
  
  Tips & Tricks: 
  When setting up the Exercise Window Rule in SAP Compensation Management, it is important to ensure that all restrictions and conditions are clearly