What is wage type model in SAP PA - Personnel Management?

SAP Term: wage type model

• Component: PA

• Component Name: Personnel Management

• Description: A sequence of wage types that are typical for certain employees depending, for example, on their employee group, employee subgroup, pay scale group, or pay scale area. The wage type model is stored in the system and can be proposed as a default when the appropriate procedures are performed.

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• Key Concepts: 
  The wage type model in SAP Personnel Management (PA) is a tool used to define the wage types and their associated characteristics. It is used to define the wage types that are used in payroll processing. The wage type model consists of a set of wage types, each with its own characteristics such as the wage type category, the calculation type, and the wage type text. 
  
  How to use it: 
  The wage type model is used to define the wage types that are used in payroll processing. The wage types are defined by assigning them to a wage type category, setting the calculation type, and entering a description for each wage type. The wage types can then be used in payroll processing to calculate wages for employees. 
  
  Tips & Tricks: 
  When creating a new wage type model, it is important to ensure that all of the necessary information is entered correctly. This includes the wage type category, calculation type, and description for each wage type. It is also important to ensure that all of the necessary wage types are included in the model. 
  
  Related Information: 
  For more information on how to create and manage a wage type model in SAP Personnel Management (PA), please refer to SAP Help documentation.