What is projected pay in SAP PA-CM - Compensation Management?

SAP Term: projected pay

• Component: PA-CM

• Component Name: Compensation Management

• Description: A planning base in Personnel Cost Planning. In planning based on projected pay, the system determines cost data from the organizational structure. The relevant objects in the system, such as organizational units, positions, jobs and work centers, must be assigned costs in the form of wage elements using the Cost Planning infotype 1015.

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• Key Concepts: 
  Projected pay is a feature of SAP’s Compensation Management (PA-CM) component. It allows users to project future salary changes for employees, such as salary increases or bonuses. This feature helps organizations plan and budget for future salary changes, as well as track the progress of those changes. 
  
  How to use it: 
  To use the projected pay feature, users must first enter the employee’s current salary information into the system. Then, they can enter the projected salary change and specify when it will take effect. The system will then calculate the new salary and display it in a report. 
  
  Tips & Tricks: 
  When entering projected salary changes, be sure to include any additional benefits or deductions that may be associated with the change. This will ensure that the system accurately calculates the new salary. 
  
  Related Information: 
  For more information on SAP’s Compensation Management component, please visit the SAP website at https://www.sap.com/products/compensation-management.html.