What is plan scenario in SAP (PA-CM - Compensation Management)?

SAP Term: plan scenario

• Component: PA-CM

• Component Name: Compensation Management

• Description: A combination of several scenario groups. A plan scenario is assigned to a plan version and a planning period. You can create plan scenarios for a planning period with different assumptions using cost development, release a plan scenario, and transfer it to Controlling.

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• Key Concepts: 
  Plan Scenario is a feature of SAP PA-CM Compensation Management that allows users to create and manage multiple compensation plans. It enables users to define different compensation plans for different employee groups, such as executives, managers, and staff. The plan scenario also allows users to define the criteria for each plan, such as salary, bonus, and other benefits. 
  
  How to use it: 
  To use the Plan Scenario feature in SAP PA-CM Compensation Management, users must first create a plan scenario. This can be done by selecting the “Create Plan Scenario” option from the main menu. Once the plan scenario is created, users can then define the criteria for each plan, such as salary, bonus, and other benefits. After defining the criteria for each plan, users can then assign employees to the appropriate plan. 
  
  Tips & Tricks: 
  When creating a plan scenario in SAP PA-CM Compensation Management, it is important to ensure that all criteria are properly defined and that all employees are assigned to the correct plan. Additionally, it is important to review and update the plan scenarios regularly to ensure that they remain up-to-date with any changes in employee compensation or benefits. 
  
  Related Information: 
  For more information on using the Plan Scenario feature in SAP PA-CM Compensation Management, please refer to the official SAP documentation or contact your local SAP representative.