Oracle Fusion HCM Applications/Cloud: Workforce Compensation

This Oracle HCM Cloud: Compensation course 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.

On successful Completion of this course you will be able to:

• Identify the key concepts of Compensation that determine a successful implementation
• Set up individual and workforce compensation plans
• Validate your setup by entering data and performing common Compensation processes
• Use Compensation to perform functional (or transactional) tasks
• 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.