What is compensation dimension segment in SAP PA-EC - Enterprise Compensation Management?

SAP Term: compensation dimension segment

• Component: PA-EC

• Component Name: Enterprise Compensation Management

• Description: An attribute of a matrix dimension. For each segment, you can specify aminimum and a maximum value. For the appraisal dimension, you could for example define the followingsegments: outstanding, good, average and poor.

Smart SAP Assistant

• Key Concepts: 
  Compensation dimension segment is a feature of the SAP Enterprise Compensation Management (PA-EC) component. It allows users to define and manage compensation plans and strategies for their organization. The segment is used to define the different levels of compensation that can be applied to employees, such as base salary, bonus, and other forms of compensation.
  
  How to use it: 
  The compensation dimension segment is used to define the different levels of compensation that can be applied to employees. This includes base salary, bonus, and other forms of compensation. The segment can also be used to define the criteria for awarding bonuses or other forms of compensation. For example, a company may set criteria such as performance goals or years of service for awarding bonuses.
  
  Tips & Tricks: 
  When setting up the compensation dimension segment, it is important to consider the different types of compensation that may be awarded to employees. This will help ensure that the segment is set up correctly and that all employees are eligible for the same types of compensation. Additionally, it is important to consider how bonuses or other forms of compensation will be awarded and what criteria will be used for awarding them.
  
  Related Information: 
  The SAP Enterprise Compensation Management (PA-EC) component provides a comprehensive solution for managing employee compensation plans and strategies. It includes features such as salary planning, bonus planning, and performance management. Additionally, it provides tools for tracking employee performance and managing employee rewards programs.