Group Incentive Wages
Purpose
This component is set up when you want to compensate a group’s performance. The performance of each group member influences the group result.
Integration
Group and individual incentive wages can be run in parallel.
Features
Remuneration for individual group members depends on the group result. The actual times worked of the individual group members are applied to the group anonymously. The actual times of the group members are cumulated for the group result. So that the individual employee’s working time can be valuated, actual times are also allocated to each individual group member.
The group result depends on the existing premium formula. The target time is usually compared to the sum of the actual times.
The employees David Grecco, Denise Smith, and Rodney Armstrong belong to group G1. The group is required to charge a blast furnace. A standard value of two hours is required to produce one ton of steel. The standard time is compiled from various tasks.
David Grecco works eight hours for the group. Denise Smith works six hours on the first day and four hours on the second day for the group. Rodney Armstrong works two hours for the group.
Group G1 produces a total of 12 tons of steel. The group’s target time is 24 hours. The cumulated actual time is 20 hours. And the labor utilization rate is 120%.
The time for each group member is valuated at 120% according to the time each employee worked for the group.
You maintain group incentive wages data with the following time ticket types in the standard SAP System.
Quantity time tickets
Person time tickets
Foremen time tickets
for more details or help on this please write to me on below mentioned mail id.
From India, Indore
183Purpose
This component is set up when you want to compensate a group’s performance. The performance of each group member influences the group result.
Integration
Group and individual incentive wages can be run in parallel.
Features
Remuneration for individual group members depends on the group result. The actual times worked of the individual group members are applied to the group anonymously. The actual times of the group members are cumulated for the group result. So that the individual employee’s working time can be valuated, actual times are also allocated to each individual group member.
The group result depends on the existing premium formula. The target time is usually compared to the sum of the actual times.
The employees David Grecco, Denise Smith, and Rodney Armstrong belong to group G1. The group is required to charge a blast furnace. A standard value of two hours is required to produce one ton of steel. The standard time is compiled from various tasks.
David Grecco works eight hours for the group. Denise Smith works six hours on the first day and four hours on the second day for the group. Rodney Armstrong works two hours for the group.
Group G1 produces a total of 12 tons of steel. The group’s target time is 24 hours. The cumulated actual time is 20 hours. And the labor utilization rate is 120%.
The time for each group member is valuated at 120% according to the time each employee worked for the group.
You maintain group incentive wages data with the following time ticket types in the standard SAP System.
Quantity time tickets
Person time tickets
Foremen time tickets
for more details or help on this please write to me on below mentioned mail id.
From India, Indore
now let us discuss all these 3 time tickets
Quantity time tickets
Processing Quantity Time Tickets
Use
This function is used to record and maintain employee data in group incentive wages. Both quantities completed as well as corresponding target times for groups are recorded using quantity time tickets.
Integration
The actual times of each group member are recorded in person time tickets.
Features
A quantity time tickets is always recorded for a specific group. No individual result is determined for this time ticket type. The group result for the recording period is always displayed.
The result displayed is based on the existing premium formula of the period. In the standard SAP System, the result is determined by comparing the cumulated target times of the group with the cumulated actual times of the group during the recording period.
Read formatting incentive wages data, if you want to know how incentive wages data is summarized for day and period results and the relationship between the individual time ticket types.
You can also enter the target value for the work performed. If you want to enter a yield as well as a standard time, the target value is calculated by the system and the target value entered is ignored.
The target value is calculated as follows:
(Yield + Scrap) x Standard Value
Base Quantity
If no basic quantity is specified, then a quantity of 1 is calculated.
Quantity time tickets are not used in payroll.
From India, Indore
Quantity time tickets
Processing Quantity Time Tickets
Use
This function is used to record and maintain employee data in group incentive wages. Both quantities completed as well as corresponding target times for groups are recorded using quantity time tickets.
Integration
The actual times of each group member are recorded in person time tickets.
Features
A quantity time tickets is always recorded for a specific group. No individual result is determined for this time ticket type. The group result for the recording period is always displayed.
The result displayed is based on the existing premium formula of the period. In the standard SAP System, the result is determined by comparing the cumulated target times of the group with the cumulated actual times of the group during the recording period.
Read formatting incentive wages data, if you want to know how incentive wages data is summarized for day and period results and the relationship between the individual time ticket types.
You can also enter the target value for the work performed. If you want to enter a yield as well as a standard time, the target value is calculated by the system and the target value entered is ignored.
The target value is calculated as follows:
(Yield + Scrap) x Standard Value
Base Quantity
If no basic quantity is specified, then a quantity of 1 is calculated.
Quantity time tickets are not used in payroll.
From India, Indore
next is person time ticket..
Now see the Processing of Person Time Tickets
Use
This function is used to record and maintain employee data in group incentive wages. Actual times worked by the individual group members are recorded using person time tickets.
Integration
Target times of the group are recorded using quantity time tickets.
Features
Person time tickets are always recorded for one person and one group. No individual result is determined for this time ticket type. The group result for the recording period is always displayed.
The result displayed is based on the existing premium formula of the period. In the standard SAP System, the result is determined by comparing the cumulated target times of the group with the cumulated actual times of the group during the recording period.
The actual times of the group members are multiplied by the group result in payroll. Each group member is then remunerated with his or her own individual percentage of the group result.
For more information, see formatting incentive wages data, if you want to know how incentive wages data is summarized for day and period results and the relationship between the individual time ticket types.
From India, Indore
Now see the Processing of Person Time Tickets
Use
This function is used to record and maintain employee data in group incentive wages. Actual times worked by the individual group members are recorded using person time tickets.
Integration
Target times of the group are recorded using quantity time tickets.
Features
Person time tickets are always recorded for one person and one group. No individual result is determined for this time ticket type. The group result for the recording period is always displayed.
The result displayed is based on the existing premium formula of the period. In the standard SAP System, the result is determined by comparing the cumulated target times of the group with the cumulated actual times of the group during the recording period.
The actual times of the group members are multiplied by the group result in payroll. Each group member is then remunerated with his or her own individual percentage of the group result.
For more information, see formatting incentive wages data, if you want to know how incentive wages data is summarized for day and period results and the relationship between the individual time ticket types.
From India, Indore
And the third is Processing Foremen Time Tickets
Use: This function is used to record and maintain employee data in group incentive wages. Foremen time tickets are used if the employee is to be remunerated based on the result of the time ticket, but the target and actual times of the time tickets are to be included in the group result.
Integration: The results displayed in the quantity and person time tickets affect the data on the foremen time tickets because they also influence the group result.
Features: Foremen time tickes are assigned to an employee and a group. This time ticket type has its own result. The group result is also displayed.
The group result displayed is based on the existing premium formula of the period. In the standard SAP System, the result is determined by comparing the cumulate target times of the group with the cumulated actual times of the group during the recording period.
You can enter the completed quantity on the foremen time tickets as well as the actual time required (confirmation value).
You can also enter the target value for the work performed. If you want to enter a yield as well as a standard time, the target value is calculated by the system and the target value entered is ignored.
The target value is calculated as follows:
(Yield + Scrap) x Standard Value
Base Quantity: If no basic quantity is specified, then quantity 1 is calculated.
The recorded data influences the employee and group summarizations.
From India, Indore
Use: This function is used to record and maintain employee data in group incentive wages. Foremen time tickets are used if the employee is to be remunerated based on the result of the time ticket, but the target and actual times of the time tickets are to be included in the group result.
Integration: The results displayed in the quantity and person time tickets affect the data on the foremen time tickets because they also influence the group result.
Features: Foremen time tickes are assigned to an employee and a group. This time ticket type has its own result. The group result is also displayed.
The group result displayed is based on the existing premium formula of the period. In the standard SAP System, the result is determined by comparing the cumulate target times of the group with the cumulated actual times of the group during the recording period.
You can enter the completed quantity on the foremen time tickets as well as the actual time required (confirmation value).
You can also enter the target value for the work performed. If you want to enter a yield as well as a standard time, the target value is calculated by the system and the target value entered is ignored.
The target value is calculated as follows:
(Yield + Scrap) x Standard Value
Base Quantity: If no basic quantity is specified, then quantity 1 is calculated.
The recorded data influences the employee and group summarizations.
From India, Indore
hello sir , I am an HR student ,can you please suggest me HR certification Institutes or practical training in Indore,which can become worth full to me in future.
From India, Bhopal
From India, Bhopal
Dear Akhilesh,
thak you for the post. It appears that it is part of SAP and I found more details at Group Incentive Wages (SAP Library - Personnel Time Management (PT))
From United Kingdom
thak you for the post. It appears that it is part of SAP and I found more details at Group Incentive Wages (SAP Library - Personnel Time Management (PT))
From United Kingdom
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