Human Capital Management (HCM)

Processing Workforce Compensation Change Statements in Oracle Fusion allows organizations to communicate compensation adjustments (e.g., salary increases, bonuses, promotions) to employees effectively. These change statements are typically generated after compensation cycles are completed and provide employees with detailed breakdowns of their new compensation package. Here is a step-by-step guide to processing these statements: Steps to …

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In Oracle Fusion, notifying managers that the Compensation Plan Cycle is open or closed is essential for ensuring that they are aware of when they can start or stop making compensation-related decisions for their teams. This notification process helps streamline communication and ensure compliance with the compensation process deadlines. Here’s how to notify managers about …

Comp Plan Setups- Notify Managers That Plan Cycle Is Open Or Closed Read More »

Notifying managers of approaching worksheet due dates in Oracle Fusion ensures they are aware of important deadlines within the compensation cycle. By setting up automatic reminders, managers can submit their compensation worksheets on time. Here’s how to configure these notifications step-by-step: 1. Navigate to Compensation Work Area Go to Navigator > Compensation > Manage Compensation …

Comp Plan Setups- Notify Managers of Approaching Worksheet Due Dates Read More »

Purging Workforce Compensation Plan data in Oracle Fusion is a crucial task to maintain data integrity, remove outdated information, and comply with data retention policies. The purge process deletes specific compensation data that is no longer required, such as completed compensation cycles or outdated plans, without affecting active compensation cycles or other HR-related data. Here’s …

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Refreshing Workforce Compensation Plan data in Oracle Fusion is essential when you need to update the compensation plan with the most recent employee data, such as salary adjustments, new hires, terminations, or other HR-related changes. This ensures that the compensation worksheets used by managers reflect the latest data. Here’s how to refresh Workforce Compensation Plan …

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Starting the Workforce Compensation Cycle in Oracle Fusion is an important process for managing compensation activities, such as salary reviews, bonuses, and stock options. The process involves setting up and distributing compensation worksheets to managers, defining eligibility, and preparing for data entry and approvals. Here’s how you can initiate the Workforce Compensation Cycle step-by-step: 1. …

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To manage Compensation Statements Groups in Oracle Fusion Comp Plan Setups, follow these steps: 1. Access the Setup Menu: Navigate to the “Compensation” module in Oracle Fusion. Click on the “Setups” icon. Select “Comp Plan Setups” from the list of options. 2. Open Compensation Statements Groups: In the Comp Plan Setups window, click on the …

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Setting up compensation plans and configuring landing page analytics in Oracle Fusion requires a combination of technical configuration and strategic planning. Here’s a brief guide for each: 1. Setting Up Compensation Plans in Oracle Fusion Compensation management in Oracle Fusion allows businesses to design and implement their pay strategies. Here’s how to set up a …

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Compensation Plan Setup in Oracle Fusion involves several layers of configuration to ensure that the compensation structure aligns with the organization’s strategic goals. One key aspect of this setup is Compensation Modeling, which helps organizations simulate various compensation scenarios to make informed decisions before committing to a specific plan. Here’s an overview of how modeling …

Comp Plan Setups- Overview Of Modeling Read More »

Configuring filters in Oracle Fusion for Compensation Plan setups allows you to refine, organize, and target specific employee groups, compensation types, or plan components. These filters help streamline compensation processes by applying the relevant criteria and eligibility rules to your compensation models or cycles. Here’s an overview of how to configure filters in Oracle Fusion …

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