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Former Member

What is this HCM term.. Please see...

Hi all,

What is the meaning of "internal equity adjustment." it is a promotion i believe... Can you elaborate how this helps the employee?

BTW, any resource or link for understanding Business terms in HCM? Like a primer for people who are only tech and want to learn business process.. I mean for beginners you know...

Thanks,

Charles.

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    author's profile photo Former Member
    Former Member
    Posted on Jun 19, 2008 at 06:56 AM

    Hi,

    'Internal Equity Adjustment' is the proces in which EE's are given additonal salary (not due to a promotion, job remains the same) to put the EE's salary in line with common salaries for identical jobs.

    Example.

    Employee X is hired 5 years ago with a job an now earns 3000. 5 years later another person is hired with the same job, however due to labor market, the company has to give a higher salary, say 3500.

    As both persons will perform the same job, the difference in salary isn't fair so X is awarded additional salary to get his salary in line with the other person.

    Wilfred.

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  • Posted on Jun 19, 2008 at 07:45 AM

    Hi Charles

    in the SAP Library help.sap.com can you find a Glossary. The Glossary defines SAP specific wording

    Further approach: full text research in help.sap.com -> SAP ERP.

    regards,

    Andreas R.

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