What is minimum net earnings in SAP SRD-HR-PAY - HCM-Payroll Processing?

SAP Term: minimum net earnings

• Component: SRD-HR-PAY

• Component Name: HCM-Payroll Processing

• Description: Minimum net earnings according to the collective agreement or company regulations. In general, 70% will be repaid by the employment office.

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• Key Concepts: 
  Minimum net earnings is a feature of SAP HCM-Payroll Processing that allows employers to set a minimum amount of net earnings for employees. This ensures that employees are paid at least the minimum amount regardless of deductions or other factors. 
  
  How to use it: 
  To use the minimum net earnings feature, employers must first set the minimum amount in the system. This can be done by navigating to the “Minimum Net Earnings” tab in the SAP HCM-Payroll Processing component. Once the minimum amount is set, it will be applied to all employees who are paid through the system. 
  
  Tips & Tricks: 
  It is important to note that the minimum net earnings feature only applies to employees who are paid through the SAP HCM-Payroll Processing component. If an employee is paid through another system, they will not be subject to the minimum net earnings feature. 
  
  Related Information: 
  For more information on setting up and using the minimum net earnings feature, please refer to the SAP HCM-Payroll Processing documentation. Additionally, you can contact your local SAP representative for more information and assistance with setting up and using this feature.