(24D) Oracle Fusion Cloud HCM: Base Compensation

Compensation overview

• Common questions
• Oracle Human Capital Management
• What is compensation?
• Overview of compensation
• Base and individual compensation roles
• Compensation Plans to Reward
• Key points

HCM employment model

• Common questions
• HCM employment model overview
• Single assignment options
• Multiple assignment options
• Key points

Elements

• Common questions
• Compensation Plans to Reward
• Element overview
• Compensation elements
• Element components
• Element classifications
• Element eligibility
• Element formulas
• Input values
• Element processing rules
• Element balances
• Key Points
• Practices

Grade rates

• Common questions
• Compensation Plans to Reward
• Grades overview
• Grade rates overview
• Grade rates
• Grade rates and legislative data groups
• Where are grade rates used?
• Validating salary using grade rates
• Key points
• Practice

Salary range differentials

• Common questions
• Compensation Plans to Reward
• Salary range differentials overview
• Range differential profile
• Differential configuration options
• Grade rate overrides
• Compensation zone types
• Compensation zones
• When to use compensation zones
• Configure zone-based salary range differentials
• Best practices
• Simulate salary range
• Key points
• Practice

Grade step progression

• Common questions
• What’s the difference between grade ladders and progression grade ladders?
• Grade step progression
• Progression grade ladder groups
• Progression grade ladders
• Create progression grade ladder page
• Salary update details
• Rate synchronization details
• Grade and steps
• Run grade step progression process
• Synchronize grade step rate process
• Review proposed progressions and salary updates
• Actions
• Key points
• Practices

Salary basis

• Common questions
• Compensation Plans to Reward
• Salary basis
• How the salary basis affects salary
• How to determine a salary amount
• Salary amount is determined by user
• Salary amount is determined by incremental components
• Salary amount is determined by simple components
• Salary amount is determined by rates
• New salary basis page
• Rounding rules and usages
• How to store the salary amount and pass it to payroll for processing
• Salary basis frequencies
• Key points
• Practice

Base pay

• Common questions
• Compensation Plans to Reward
• Base pay
• When and why
• Salary details
• Additional tabs
• Salary range violation behavior
• Salary change approvals
• Manage multiple salaries at one time
• Team compensation
• Key points
• Practice

Derived factors

• Common questions
• Compensation Plans to Reward
• Derived factors
• Using derived factors
• Determination rules
• Key points
• Practice

Eligibility profiles

• Common questions
• Compensation Plans to Reward
• What are eligibility profiles?
• How eligibility works with other objects
• Key aspects of working with eligibility profiles
• Planning and prerequisites for eligibility profiles
• Specify profile type, usage, and assignment usage
• Defining eligibility criteria
• Excluding from eligibility and assigning sequence number
• Adding multiple criteria
• Viewing criteria hierarchy
• Single or multiple eligibility profiles
• Key points
• Practices

Individual compensation

• Common questions
• Compensation Plans to Reward
• Individual compensation plans overview
• Assigning a plan
• Comments and attachments
• Setting up a plan
• Questions to help you design individual compensation plans
• Budget pool
• Individual compensation approvals
• Key points
• Practices

Compensation history

• Common questions
• Compensation Plans to Reward
• Summary table categories
• Overall salary page
• Stock history page
• Other compensation history
• Compensation history setup
• Key points

Auditing compensation

• Common questions
• Compensation Plans to Reward
• Auditing compensation business objects
• Audit report page example
• Key points

Oracle AI in HCM

• Common questions
• What is AI assist?
• Requirements for AI assist
• AI assist examples within compensation
• What are AI agents?
• Examples of how AI agents are used in HCM
• Access requirements for AI agents in HCM
• Profile options for using AI agents
• How do I use the AI Agent Studio?
• AI agents for compensation
• Information resources
• Key points

Base compensation resources

• Information resources
• Oracle Help Center
• My Oracle Support
• Oracle Cloud Customer Connect
• Oracle University
• Oracle Partner Community