What is vesting scale in SAP PY-HK - Hong Kong, China?

SAP Term: vesting scale

• Component: PY-HK

• Component Name: Hong Kong, China

• Description: A table of percentages used to describe the portion of the total company's and employee's entitlement that the employee is to receive.

Smart SAP Assistant

• Key Concepts: 
  Vesting scale is a feature of the SAP PY-HK Hong Kong, China component that allows employers to set up a schedule for employees to receive their benefits. This schedule is based on the length of time the employee has been with the company and can be used to incentivize employees to stay with the company for longer periods of time. 
  
  How to use it: 
  To use the vesting scale feature, employers must first set up a vesting schedule. This schedule should include the length of time an employee must be with the company before they are eligible to receive their benefits. Once this schedule is set up, employers can then assign it to individual employees or groups of employees. 
  
  Tips & Tricks: 
  When setting up a vesting scale, employers should consider how long they want employees to stay with the company before they are eligible for their benefits. Employers should also consider how much of an incentive they want to provide for employees who stay with the company for longer periods of time. 
  
  Related Information: 
  The vesting scale feature is part of the SAP PY-HK Hong Kong, China component. Other features of this component include payroll processing, tax calculation, and employee management.