What is 'eligibility threshold' in SAP PY-CH - Switzerland?

eligibility threshold - Overview

• Component: PY-CH

• Component Name: Switzerland

• Description: Annual income level from which an employee must participate in the company pension.

eligibility threshold - Details

• 
  Key Concepts: 
  Eligibility threshold is a feature of the PY-CH Switzerland component of SAP software. It is used to determine the minimum amount of income an employee must earn in order to be eligible for certain benefits or deductions. The threshold is set by the employer and can be adjusted as needed. 
  
  How to use it: 
  The eligibility threshold can be set in the PY-CH Switzerland component of SAP software. To do this, go to the “Payroll Settings” tab and select “Eligibility Threshold” from the drop-down menu. Enter the desired amount and click “Save” to apply the changes. 
  
  Tips & Tricks: 
  It is important to keep in mind that the eligibility threshold should be set according to the specific needs of each employee. For example, if an employee earns a higher salary than the threshold, they may not be eligible for certain benefits or deductions. 
  
  Related Information: 
  For more information on setting up eligibility thresholds in SAP software, please refer to the official SAP documentation. Additionally, you can contact your local SAP support team for assistance with any questions or issues you may have.