What is reward in SAP SAP-LEGAL - Global Field Legal?

SAP Term: reward

• Component: SAP-LEGAL

• Component Name: Global Field Legal

• Description: The fee paid by SAP to PARTNER for conclusion of a Customer Contract license agreement for HANA Software based on an accepted Prospect.

Smart SAP Assistant

• Key Concepts: 
  SAP-LEGAL Global Field Legal Compliance is a software solution that helps organizations comply with global legal requirements. It provides a comprehensive set of tools to manage and monitor legal compliance across multiple countries and jurisdictions. The reward component of this software allows organizations to reward employees for their compliance efforts. 
  
  How to Use It: 
  The reward component of SAP-LEGAL Global Field Legal Compliance can be used to incentivize employees to comply with legal requirements. Organizations can set up rewards for employees who demonstrate compliance with specific laws or regulations. Rewards can be in the form of monetary compensation, additional vacation days, or other forms of recognition. 
  
  Tips & Tricks: 
  When setting up rewards for employees, it is important to ensure that the rewards are fair and equitable. Rewards should be based on the employee’s performance and not on their position or seniority. Additionally, it is important to ensure that the rewards are meaningful and motivating for employees. 
  
  Related Information: 
  SAP-LEGAL Global Field Legal Compliance also provides tools for monitoring employee compliance with legal requirements. This includes tools for tracking employee compliance with laws and regulations, as well as tools for reporting any non-compliance issues. Additionally, the software provides tools for creating and managing legal documents, such as contracts and agreements.