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Apr 07, 2014 at 03:14 PM

HR - Market Anchors

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Hi SAP Payroll Experts,

I read about Table called T710, where we can set range for salary minimum and maximum and reference in it. i have also read about market anchors concept which will be used here in SAP,

Would anyone please elaborately explain what is market anchor based salary. how employee and company get benefited on this rule.

Can any one explain with illustration. it would be really fine for me to understand the concept ?

Thanks

Sri