Overview
R12.X Oracle HRMS Total Compensation Foundations training course gives a thorough introduction to the Total Compensation Framework—the core set of Oracle HRMS features used to set up your compensation and benefits offerings. During the class, you will learn to define elements to store compensation and benefits data and to manage and validate elements in sets using Batch Element Entry (BEE).
Audience:
- Analyst
- End User
- Implementer
- Manager
After completion of this course; you will learn following:-
- Use the Total Compensation Framework to manage compensation & benefits for your enterprise
- Define elements to store compensation & benefits data
- Enter elements in batch
- Control eligibility through participant eligibility profiles
- Calculate derived factors, such as age or length of service, for use in participant eligibility profiles
- Structure your compensation & benefits offerings in Oracle HRMS
- Define compensation objects: programs, plan types, plans, and options
- Link participant eligibility profiles to compensation objects
- Define standard activity rates to calculate earnings and deductions and absence accruals
- Attach elements to standard rates
- Vary a standard activity rate by defining a variable rate
- Define the data elements and layout of a system extract
- Process a system extract