Purpose
This component
is implemented for performance-oriented remuneration. The following forms of remuneration are covered :You can implement
both individual incentive wages and group incentive wages.Implementation Considerations
In
stall this component if you want to:and you want to valuate this data in the Payroll component according to each employee’s performance.
Integration
Employee-related data can be transferred to Incentive Wages from the following Logistics components:
The Incentive Wages component is highly integrated with the Payroll component. Data determined by Incentive Wages is processed using personnel calculation rules in Payroll.
Features
Incentive Wages
automatically reads employee-related data from a Logistics system, prepares the data according to the form of remuneration, and makes it available to the Payroll component. The valuated remuneration elements can be transferred from Payroll to Financial Accounting (FI) and, from there, to Controlling (CO).It is also possible to make manual corrections within the automated process.
You can also record incentive wages data without integration to Logistics.
Evaluations are available before and after payroll.