term santei help what is
Meaning of Santei. What is it: standard compensation, which is fundamental to calculate employee&#.

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Definition Santei

SANTEI title: Santei (PY-JP) (SAP Library - Glossary)
SANTEI category: Japan (PY-JP)
SANTEI explained:

An annual process in Japan to determine the new monthly standard compensation, which is fundamental to calculate employee's social insurance contribution.

It is based on individual employee's payments entitled in May, June and July. A Santei statement can be generated after the process.

However, if the condition for Geppen calculation is met at the time for this process, Geppen process should be performed instead. Accordingly, the Geppen statement shall be generated.

More terms such as Santei in Dictionary S.

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