What is home-based salary calculation in SAP PA-GE - Management of Global Employees?

SAP Term: home-based salary calculation

• Component: PA-GE

• Component Name: Management of Global Employees

• Description: Method for calculating the remuneration of an expatriate. This method is based on the statutory and corporate regulations of the home country. The calculation is based on the employee's actual salary or on a reference salary that is determined in Compensation Management. The employee's net salary is calculated on the basis of the statutory and corporate regulations of the home country. The employee also receives bonuses according to the global transfer policy of the home enterprise.

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• Key Concepts: 
  Home-based salary calculation is a feature of the SAP PA-GE Management of Global Employees component. It allows companies to calculate salaries for employees based on their home country’s regulations and laws, rather than the country in which they are currently working. This ensures that employees are paid in accordance with their home country’s laws and regulations, regardless of where they are located. 
  
  How to use it: 
  The home-based salary calculation feature can be used by companies to ensure that their employees are paid in accordance with their home country’s laws and regulations. To use this feature, companies must first configure the SAP PA-GE Management of Global Employees component to reflect their home country’s laws and regulations. Once this is done, the system will automatically calculate salaries for employees based on their home country’s laws and regulations. 
  
  Tips & Tricks: 
  When configuring the SAP PA-GE Management of Global Employees component for home-based salary calculation, it is important to ensure that all relevant laws and regulations are taken into account. Additionally, it is important to regularly review the configuration to ensure that it is up-to-date with any changes in the relevant laws and regulations. 
  
  Related Information: 
  For more information on the SAP PA-GE Management of Global Employees component, please refer to the official SAP documentation at https://help.sap.com/viewer/product/SAP_PA_GE_MGMT_GLOBAL_EMPLOYEES/latest/en-US.