What is regular pay in SAP SRD-HR-PAY - HCM-Payroll Processing?

SAP Term: regular pay

• Component: SRD-HR-PAY

• Component Name: HCM-Payroll Processing

• Description: The amount a person earns before, for example, holiday pay or sick pay are added.

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• Key Concepts: 
  Regular pay is a term used in SAP HCM-Payroll Processing to refer to the regular salary or wages that an employee receives for their work. This includes any bonuses, overtime pay, and other forms of compensation that are part of the employee's regular salary. 
  
  How to use it: 
  Regular pay is calculated based on the employee's salary and any additional compensation they may receive. It is then used to calculate the employee's total pay for the period. The regular pay can be adjusted based on any changes in the employee's salary or other compensation. 
  
  Tips & Tricks: 
  When calculating regular pay, it is important to take into account any deductions that may be taken from the employee's salary. This includes taxes, insurance premiums, and other deductions that may be taken from the employee's paycheck. 
  
  Related Information: 
  Regular pay is used to calculate an employee's total pay for a period. It is also used to calculate taxes and other deductions that may be taken from the employee's paycheck. Additionally, regular pay can be adjusted based on changes in the employee's salary or other compensation.