Oracle HRMS enables you to set up and manage the compensation you provide for employees in your enterprise. This course teaches you how to set up and administer salary, grade-related pay, absences, and awards in your enterprise.
Objectives
- Identify the compensation management tools that Oracle HRMS provides and explain their features and benefits
- Identify salary components, salary basis, and salary elements
- Demonstrate how to administer salary changes
- Learn how to set up grade rates, pay scales, and scale rates
- Demonstrate how to set up grade ladders and run the concurrent processes that manage grade/step progression
- Demonstrate how to implement Compensation Workbench and determine and allocate compensation awards
- Understand what Individual Compensation Distributions (ICD) is and the benefits of using it
- Demonstrate how to record company and private vehicles in the vehicle repository
- Describe how to define and configure accrual plans appropriate to your enterprise
- Demonstrate how to view and analyze employee accruals
- Configure total compensation statement
- Configure criteria based rates
Topics
- Introduction to Salary, Awards, and Absences
- Implementing Salary Administration
- Using Salary Administration
- Grades and Pay Administration
- Configuring Criteria-Based Rates for Variable Pay
- Performing Compensation Surveys
- Compensation Workbench (CWB)
- Worksheet and Budget Sheet Configuration in Compensation Workbench
- Compensation Workbench Plan Administration
- Individual Compensation Distribution (ICD)
- Configuring Total Compensation Statement