What is service anniversary in SAP SRD-HR-PAD - HCM-Personnel Administration?

SAP Term: service anniversary

• Component: SRD-HR-PAD

• Component Name: HCM-Personnel Administration

• Description: The date that marks when an employee was hired on the same day in some previous year.

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• Key Concepts: 
  Service anniversary is a term used in SAP Human Capital Management (HCM) Personnel Administration. It is the date on which an employee has been employed with a company for a certain period of time. This date is used to calculate the employee's length of service and can be used to determine eligibility for certain benefits or bonuses. 
  
  How to use it: 
  In SAP HCM Personnel Administration, the service anniversary is stored in the infotype 0001 (Organizational Assignment). The system will automatically calculate the service anniversary based on the start date of employment. The service anniversary can also be manually entered into the system if needed. 
  
  Tips & Tricks: 
  It is important to ensure that the service anniversary is accurate in order to ensure that employees are receiving the correct benefits or bonuses. It is also important to keep track of the service anniversaries of employees in order to plan for any special events or celebrations that may be associated with them. 
  
  Related Information: 
  The service anniversary can be used in conjunction with other infotypes such as 0002 (Personal Data) and 0006 (Addresses) to provide additional information about an employee's length of service. It can also be used in conjunction with other HR processes such as performance reviews and salary reviews.