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Dec 24, 2009 at 05:46 PM

Compensation Model for Benefits

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Hi All,

I am new to benefits. I would like to know, some information about compensation model in benefits. We have 401k salary,hourly,catchup,Deferredcompensation Bonus and Salary Plans in infotype 169. I am using /102 wagetype as Technical base. Can anyone explain why a compensation model needs to be created in SAP? and all the Plans in infotype 169 requires a compensation model. Appreciate your help.

Regards,

Fred