SEVERANCE PAYMENT title: severance payment (PY-HK) (SAP Library - Glossary)
SEVERANCE PAYMENT category: Hong Kong (PY-HK)
SEVERANCE PAYMENT explained:
Payment to which an employee is legally entitled if he or she has worked continuously for an employer for a period of not less than 24 months immediately prior to dismissal by reason of redundancy or lay-off. It is reduced by any gratuity or employer's non-mandatory contribution to a retirement scheme.
An employee is eligible for either the severance payment or the long service payment but not both.
More terms such as severance payment in Dictionary S.
- Manual Summarization Hierarchy:
- Help The structure that creates alternative hierarchies for any project. It uses summarization keys constructed in the same way as project hierarchies severance payment definition.
- Manual Structure Node (AP-PPE):
- Help represents a function in a product or an abstraction of concrete materials. For example, in the assembly structure for a car, the car radio structure node represents the actual variants Alpha radio severance payment explain.
- Manual Single Value Data Set:
- Help Business partner attribute, similar to a table, that allows only one value to be selected at a given event. Example General business partner data severance payment what is.
- Manual Sales Document:
- Help that represents a business transaction in the sales department. A sales document consists of a document header with data applicable to the whole document, as well as any number of document items severance payment meaning.
- Manual Short Description:
- Help Explanatory text for an ABAP Dictionary object severance payment abbreviation.