Detailed Course Outline
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