Hierarchy
EA-HRCGB (Software Component) Sub component EA-HRCGB of EA-HR⤷
PA-BN-FB-XX (Application Component) General Parts⤷
PAOC_BEN_FBN (Package) Flexible Benefits System
Basic Data
| Data Element | FBN_SCRIF |
| Short Description | Salary sacrifice |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | XFELD | |
| Data Type | CHAR | Character String |
| Length | 1 | |
| Decimal Places | 0 | |
| Output Length | 1 | |
| Value Table |
Further Characteristics
| Search Help: Name | ||
| Search Help: Parameters | ||
| Parameter ID | ||
| Default Component name | ||
| Change document | ||
| No Input History | ||
| Basic direction is set to LTR | ||
| No BIDI Filtering |
Field Label
| Length | Field Label | |
| Short | 10 | Sacrifice |
| Medium | 16 | Salary sacrifice |
| Long | 20 | Salary sacrifice |
| Heading | 4 | SScr |
Documentation
Definition
Indicates whether the pension plan option has the salary sacrifice principle applied to it.
Salary sacrifice in general refers to a flexible benefits situation where an employee is able to give up certain part of his or her salary in return for a non-cash benefit provided by the employer through this benefit plan.
One form of salary sacrifice in GB Flexible Benefits involves the employee opting to sacrifice some of his or her salary, in return for increased employer pension contributions. The employer agrees to pay the sacrifice amount, as an equivalent percentage or fixed amount, into the employee's pension scheme on his of her behalf. (An employee may also sacrifice a one-off item, such as a bonus).
You can also determine pension payback attributes when assigning salary sacrifice to a pension plan option.
History
| Last changed by/on | SAP | 20030411 |
| SAP Release Created in | 200 |
