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(25C) Oracle Fusion Cloud HCM: Workforce Compensation

About This Course

This Oracle HCM Cloud: Workforce Compensation training teaches you how to implement, configure, and use Oracle Compensation to manage Workforce Compensation. Explore compensation setup and management tasks through detailed conceptual information, demonstrations, and hands-on activities.

2 Days

18 Lectures

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Course Content

Compensation overview

  • Common questions
  • Oracle Human Capital Management
  • Overview of compensation
  • Workforce compensation overview
  • Overview of managing compensation
  • Base pay
  • Individual compensation
  • Compensation budgets
  • Workforce compensation
  • Compensation Plans to Reward
  • Key points

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

Global settings

  • Common questions
  • Compensation Plans to Reward
  • Global settings
  • General settings
  • Notifications
  • Watchlist and stock
  • Best practices for setting up workforce compensation plans
  • Key points

Plan foundation

  • Common questions
  • Compensation Plans to Reward
  • Workforce compensation plan foundation tasks
  • Plan details
  • Employment record to use
  • Plan eligibility
  • Plan cycles
  • Key points
  • Practices

Hierarchies and other plan foundation information

  • Common questions
  • Compensation Plans to Reward
  • Hierarchies
  • Missing manager handling
  • Hierarchy available actions
  • Plan currency
  • Plan access
  • Feedback survey
  • Plan information
  • Key points
  • Practices

Budgets

  • Common questions
  • Compensation Plans to Reward
  • Budgeting overview
  • Budgeting method
  • Budget storage method – amounts
  • Budget storage method – percentages
  • Budget pools
  • Configuring budget page layout
  • Key points
  • Practices

Compensation components and performance ratings

  • Common questions
  • Compensation Plans to Reward
  • Configuring compensation components
  • Test eligibility profiles
  • Performance ratings
  • Configure performance ratings
  • Performance management ratings and compensation ratings
  • Key points
  • Practices

Approvals and compensation change statements

  • Common questions
  • Compensation Plans to Reward
  • Approvals
  • Alternate approver hierarchy
  • Alternate approver is final approver
  • Alternate approver precedes final approver
  • Alternate approver in middle of standard hierarchy
  • Notifications
  • Compensation change statements
  • Key points
  • Practices

Worksheet display

  • Common questions
  • Compensation Plans to Reward
  • Overview of worksheet display
  • How task types are used
  • Configuring column properties overview
  • Configuring column properties sections
  • Summary sections
  • Detail table columns
  • Worksheet page layout
  • Setting up audit for workforce compensation
  • Key points
  • Practices

Alerts and individual worker display

  • Common questions
  • Compensation Plans to Reward
  • Alerts
  • Predefined alerts
  • Configuring alerts
  • Configure individual worker display
  • Key points
  • Practices

Models and reports

  • Common questions
  • Compensation Plans to Reward
  • Modeling overview
  • Reports overview
  • Report dimensions overview
  • Range increments
  • Filters overview
  • Configure landing page analytics
  • Key points
  • Practices

Validation and processing plans

  • Common questions
  • Compensation Plans to Reward
  • Validate plan setup
  • Validation results
  • Starting the compensation cycle process
  • Key points
  • Practices

Models and budgets

  • Common questions
  • Compensation Plans to Reward
  • Compensation models overview
  • Create model – define model
  • Create model – select workers
  • Create model – enter values
  • Create model – select purpose
  • Create model – review results
  • Create model – apply
  • Managing budgets overview
  • Allocating budgets
  • Key points
  • Practices

Administer workforce compensation

  • Common questions
  • Compensation Plans to Reward
  • Compensation administrator and manager roles
  • Global models overview
  • Managing active plans
  • Administer worker overview
  • Worker information
  • Budget
  • Compensation
  • Promotion
  • Performance
  • Status and hierarchy
  • Eligibility
  • User-defined data
  • Notes
  • Alerts
  • Audit
  • Statement
  • Administrative reports
  • Running batch process overview
  • Refresh workforce compensation data
  • Monitor processes
  • Key points
  • Practices

Auditing compensation

  • Common questions
  • Compensation Plans to Reward
  • Auditing compensation business objects
  • Setting up audit for salary compensation
  • 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

Information resources

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

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