What is guideline matrix in SAP PA-EC - Enterprise Compensation Management?

SAP Term: guideline matrix

• Component: PA-EC

• Component Name: Enterprise Compensation Management

• Description: A guideline based on multiple criteria such as employee performance appraisal results, length of service and compa-ratio. Guideline matrices can contain up to three dimensions.

Smart SAP Assistant

• Key Concepts: 
  The guideline matrix is a feature of the SAP PA-EC Enterprise Compensation Management component. It is used to define the criteria for employee compensation, such as salary, bonuses, and other benefits. The matrix allows for the creation of a set of rules that can be applied to different employee groups or individual employees. 
  
  How to use it: 
  The guideline matrix is used to define the criteria for employee compensation. It can be used to create a set of rules that can be applied to different employee groups or individual employees. The matrix can also be used to define the criteria for bonuses and other benefits. 
  
  Tips & Tricks: 
  When creating a guideline matrix, it is important to consider the needs of the organization and the employees. It is also important to ensure that the rules are fair and consistent across all employee groups. Additionally, it is important to review the matrix regularly to ensure that it is up-to-date and accurate. 
  
  Related Information: 
  The SAP PA-EC Enterprise Compensation Management component also includes features such as salary planning, bonus planning, and performance management. Additionally, there are other components in SAP that can be used in conjunction with the guideline matrix, such as SAP HCM and SAP SuccessFactors.