What is bargain element in SAP PA-EC - Enterprise Compensation Management?

SAP Term: bargain element

• Component: PA-EC

• Component Name: Enterprise Compensation Management

• Description: Also called spread. The difference between the predetermined value of a stock and the exercise price. When the spread is a positive number, the option is in the money. If not, it is under water or out of the money.

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• Key Concepts: 
  Bargain element is a feature of SAP's Enterprise Compensation Management (PA-EC) component. It allows employers to set up a compensation plan for their employees that includes a variety of elements, such as salary, bonuses, and other benefits. The bargain element allows employers to negotiate with employees on the terms of the compensation package. 
  
  How to use it: 
  The bargain element can be used to create a compensation package that meets the needs of both the employer and the employee. Employers can set up the terms of the package, including salary, bonuses, and other benefits. Employees can then negotiate with the employer on the terms of the package. Once an agreement is reached, the bargain element will be used to create a contract that outlines the terms of the compensation package. 
  
  Tips & Tricks: 
  When negotiating with employees on a compensation package, it is important to be clear about what is being offered and what is expected in return. It is also important to ensure that all parties are in agreement on the terms of the package before signing any contracts. 
  
  Related Information: 
  For more information on SAP's Enterprise Compensation Management (PA-EC) component, please visit SAP's website at https://www.sap.com/products/enterprise-compensation-management.html