What is review period in SAP PA-EC - Enterprise Compensation Management?

SAP Term: review period

• Component: PA-EC

• Component Name: Enterprise Compensation Management

• Description: The review period is the time interval during which SAP Manager Self-Service is open for the manager to process a given compensation review.

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• Key Concepts: 
  Review period is a term used in SAP Enterprise Compensation Management (PA-EC). It is a period of time during which an employee's performance is evaluated and their compensation is determined. The review period can be set to any length of time, such as monthly, quarterly, or annually. 
  
  How to use it: 
  The review period is set up in the SAP system by the administrator. The administrator can define the start and end dates of the review period, as well as the frequency of the review period. The review period can be used to track employee performance and determine compensation accordingly. 
  
  Tips & Tricks: 
  It is important to ensure that the review period is set up correctly in order to accurately track employee performance and determine compensation. Additionally, it is important to ensure that the review period is long enough to accurately assess employee performance. 
  
  Related Information: 
  The review period is closely related to other SAP terms such as performance appraisal, salary increase, and bonus calculation. These terms are all used in conjunction with the review period to determine an employee's compensation.