What is composite survey result in SAP PA-EC - Enterprise Compensation Management?

SAP Term: composite survey result

• Component: PA-EC

• Component Name: Enterprise Compensation Management

• Description: A blend of two or more surveys' jobs to create a composite market result. This is used in Compensation Job Pricing to compare your company's internal compensation levels with the compensation being offered for equivalent jobs in the market. It is the simple average of all job prices supplied by job surveys.

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• Key Concepts: 
  Composite survey result is a feature of the PA-EC Enterprise Compensation Management component of SAP. It allows users to create surveys that can be used to collect data from employees and other stakeholders. The survey results are then compiled into a single report, which can be used to make decisions about compensation and other HR-related matters. 
  
  How to use it: 
  To use the composite survey result feature, users must first create a survey using the PA-EC Enterprise Compensation Management component. This survey should include questions related to the desired data points, such as salary expectations, job satisfaction, and other relevant topics. Once the survey is created, it can be distributed to employees and other stakeholders. After the survey is completed, the results are compiled into a single report that can be used to make decisions about compensation and other HR-related matters. 
  
  Tips & Tricks: 
  When creating a survey for the composite survey result feature, it is important to ensure that the questions are relevant and clear. Additionally, it is important to ensure that the survey is distributed to all relevant stakeholders in order to get an accurate picture of employee sentiment. 
  
  Related Information: 
  The composite survey result feature is part of the PA-EC Enterprise Compensation Management component of SAP. This component also includes features such as salary planning, job evaluation, and performance management. Additionally, this component can be integrated with other SAP components such as HR and payroll for a comprehensive HR solution.