What is initial hire date in SAP SRD-HR-PAD - HCM-Personnel Administration?

SAP Term: initial hire date

• Component: SRD-HR-PAD

• Component Name: HCM-Personnel Administration

• Description: The date on which a person's very first work agreement commences with the company.

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• Key Concepts: 
  Initial hire date is a field in the SAP system that stores the date an employee was hired. It is part of the Personnel Administration component of SAP's Human Capital Management (HCM) module. This field is used to track the length of an employee's tenure with a company and can be used to calculate seniority or other benefits. 
  
  How to use it: 
  The initial hire date field can be found in the Personnel Administration component of SAP's HCM module. It is typically located in the employee master data record and can be edited by authorized personnel. The initial hire date should be updated whenever an employee is hired or rehired by a company. 
  
  Tips & Tricks: 
  It is important to ensure that the initial hire date field is always up-to-date and accurate. This will ensure that any calculations based on this field are accurate and that employees receive the correct benefits or seniority. 
  
  Related Information: 
  The initial hire date field is related to other fields in the Personnel Administration component, such as the employee's start date, end date, and termination date. It is also related to other fields in other components, such as the employee's salary and benefits information.