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

SAP Term: matrix dimension

• Component: PA-EC

• Component Name: Enterprise Compensation Management

• Description: A guideline criterion such as appraisal, age, length of service or compa-ratio, used for calculating compensation amounts. Each matrix dimension is assigned a method and includes several segments.

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• Key Concepts: 
  Matrix dimension is a feature of the SAP PA-EC Enterprise Compensation Management component. It allows users to create a matrix of compensation values for different employee groups, such as job level, location, and performance rating. The matrix can be used to quickly calculate the total compensation for an employee based on their individual characteristics. 
  
  How to use it: 
  To use the matrix dimension feature, users must first define the dimensions of the matrix. This includes setting up the different employee groups and their associated compensation values. Once the matrix is set up, users can enter an employee's individual characteristics into the matrix to calculate their total compensation. 
  
  Tips & Tricks: 
  When setting up the matrix dimension, it is important to ensure that all of the employee groups and their associated compensation values are accurately entered. This will ensure that the total compensation calculations are accurate. Additionally, it is important to regularly review and update the matrix dimension to ensure that it reflects any changes in employee groups or compensation values. 
  
  Related Information: 
  For more information on using the matrix dimension feature in SAP PA-EC Enterprise Compensation Management, please refer to the official SAP documentation.