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Workflows for Exercising and Expiration of Awards 

Use

There are two new workflows for the administration of awards:

Follow up Actions after Award Exercised

Using this workflow, you can carry out all necessary administrative steps to execute a purchase once an employee has exercised an award.

This workflow is linked to the ESS service for exercising awards. If an employee exercises the awards granted to him or her, a message is automatically sent to the personnel administrator responsible. The personnel administrator carries out all necessary steps connected to the exercising, purchasing and crediting the relevant shares.

For more information, see

ESS Service for Exercising Awards .

Expiration of awards

Using this workflow, you can inform your employees two months before their awards are to expire.

Effects on Customizing

For more information, see the Compensation Management IMG, under the step Set up 'Follow-up Action after Award Exercised' Workflow and Set up 'Award Expiration' Workflow .