Oracle Fusion HCM - Workforce Compensation
Learn how to implement and use Oracle Fusion HCM Workforce Compensation
Description
April, 2022 Update
NEW CONTENT AVAILABLE! Three new lectures recorded and published specific to targeted refreshes, user defined tables and how to configure incentive plans. Let me know if there is any other content you think is worthwhile to include.
Workforce Compensation
Welcome to this comprehensive review of implementing and supporting Oracle's Fusion HCM Workforce Compensation module. This course will give you an end-to-end walk-through of setting up and administering Workforce Compensation. Whether you are live on HCM cloud already, about to start an implementation or are right in the middle of a project, this course will help you understand the ins and outs of one of the most popular applications in the Oracle HCM suite.
In this course, you will learn about:
General Overview of Compensation in Oracle
Plan Details, Configure Plan Eligibility
Hierarchies, Currency, Plan Access, Feedback Survey, Plan Info
Budgeting
Components, Performance Ratings, Approvals
Compensation Statement
Worksheet Configuration
Default Worksheet Display, Alerts, Individual Worker Display
Modeling, Reporting, Filters, Landing Page Analytics
Active Plans and Global Settings
Fast Formulas
User Defined Tables
Compensation History
Assignment Segments
Market Composites
Performance Calibration through WFC
Scheduled Processes
Targeted Refresh Process
Administering Workforce Compensation
Decisions and strategy around implementing incentive plans
At the end of this course, you will have a much better understanding of not just how to set up a Workforce Compensation plan, but also the critical decision points of why. If you have any additional questions after viewing this course, reach out to me directly. If you find the course useful, leave me a positive review so others also find this course.
What You Will Learn!
- Implementation of the Workforce Compensation module within Oracle HCM
- Basic administration of compensation plans
- Make modifications to current Workforce Compensation plans implemented by a partner
- Process compensation plans
Who Should Attend!
- Oracle HCM Implementors looking to expand their knowledge of HCM
- Members of a compensation team
- Members of an HRIS team responsible for making changes to compensation plans