Compensation Course Overview
Lesson and Course Objectives
Course Materials and Information Sources
Course Schedule
Oracle Fusion HCM and Compensation Overview
Oracle Fusion Deployment Options
Introducing Key Processes and Concepts of Compensation
Introducing Oracle Fusion Applications Help
Role-Based Access Control
Role Types
Security Reference Implementation
Separation of Compensation and Total Compensation Duties
by Job Role
Introduction to the Oracle Fusion Applications User
Interface
Oracle Fusion Application User Interface (UI)
Simplified and Desktop UI Elements
Define Workforce Structures
Employment Models
Define Eligibility Profiles
Defining Eligibility
Managing Derived Factors
Planning and Prerequisites for Eligibility Profiles
Setting the Eligibility Profile Definition
Defining Eligibility Criteria
Define Elements, Balances and Formulas
Manage Fast Formulas
Managing Payroll Elements
Element Templates
Element Entries and Input Values
Element Eligibility Criteria
Balance Feeds
Element Classifications
Elements and the Payroll Employment Model
Define and Manage Base Pay
Grade Rate
Validating Salary Using Grade Rates
Progression Grade Ladders
Salary Terminology and Salary Basis
Base Pay Frequencies and Annualization Factors
Salary Components
Managing Base Pay
Entering and Adjusting Salaries
Define and Manage Individual Compensation
Actions
Individual Compensation Plans
Managing Individual Compensation and Personal
Contributions
Managing Compensation
Variable Allocation Approvals
Introducing Compensation History
Manage Workforce Compensation Plans Overview
Workforce Compensation Key Features and Capabilities
Global Settings
Defining Workforce Compensation
Configure Workforce Compensation Plan Foundation
Manage Compensation Plans
Plan Details
Plan Eligibility
Plan Cycles
Plan Hierarchies
Plan Currency
Plan Access
Feedback Survey
Configure Workforce Compensation Budgets
Budgeting
Budget Page Layout
Configure Workforce Compensation Worksheets
Compensation Components
Performance Ratings
Approvals and Alternate Approver Hierarchies
Compensation Change Statements
Worksheet Display and Page Layout
Configuring Column Properties and Dynamic Columns
Default Worksheet Display
Alerts
Configure Workforce Compensation Models and Reports
Modeling
Reports
Report Dimensions
Filters
Validate Workforce Compensation Plans
Validating Plan Setup
Validation Results
Start Compensation Cycle Process
Manage Compensation Models and Budgets
Managing Compensation Models
Managing Budgets
Manage Workforce Compensation
Compensation Plans
Managing Compensation Plans
Viewing Reports and Analytics
Approving Worksheets
Generating Compensation Statements
Administer Workforce Compensation
Compensation Work Area
Global Models
Active Plans
Administering Workers
Administration Reports
Batch Process
Define Total Compensation Statements
Total Compensation Statements
Compensation Items and Source Types
Compensation Categories
Statement Definitions
Monitoring Processes and Viewing Statements
Course Summary
Course Key
Concepts
Description:
This Oracle HCM Cloud: Compensation training teaches you
how to implement, configure, and use Oracle Fusion
Compensation. You'll learn how to use this solution to
manage base pay, individual compensation, workforce
compensation, and total compensation statements, while
exploring compensation setup and management tasks through
interactive instruction, discussions, demonstrations, and
hands-on activities.
Learn To:
Define elements, balances and formulas.
Create and assign salary bases and award various
individual compensation plans.
Define eligibility profiles.
Configure and manage workforce compensation budgets and
models.
Define and manage base pay and individual compensation.
Configure, validate, view, manage and administer
workforce compensation plans.
Configure and view total compensation statements.
Create one workforce compensation plan, including
budgets, worksheets, models & reports.
Develop, generate and view a total compensation
statement.
Benefits to You
Ensure a smooth, rapid implementation of Compensation.
Better understand the configuration options so you can make
improved decisions during your implementation. Optimize
the set up and efficiently manage total compensation plans,
including base salaries, bonuses and equity.
Oracle Fusion HCM
Learn how Oracle Fusion uses job and data roles, role inheritance
and security privileges to secure application
functionality and data access. You'll learn the
differences and similarities between the simplified and desktop user
interface elements.
Oracle Fusion Compensation
This course will help you understand Oracle Fusion
employment models as they relate to compensation. You'll create
payroll elements for compensation and set up and manage
base pay, individual compensation plans, and workforce
compensation plans. You'll also define and generate total
compensation statements.
Please Note:
This course is relevant for any customers using Fusion
Applications through Release 11.1.11. This course is appropriate
for both Oracle Cloud and on-premises deployments.
