R12 Oracle HRMS Compensation Workbench and Salary Configuration
What you will learn:
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.
The modules in this course fall into the following three groups, which can be completed in any sequence:
- Salary and Grade Related Pay and Progression
- Compensation and Awards Management
- Leave and Absence Management
Learn to:
- Manage salary and grade related pay and progression in your enterprise
- Map market compensation surveys to the jobs and positions you use in your enterprise.
- Implement and administer Compensation Workbench
- Set up and administer Individual Compensation Distributions (ICD)
- Maintain a vehicle repository and allocate company vehicles to employees
- Use absence types, categories, and reasons to track and report employee absences
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Schedule/Purchase
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Training Formats
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Price
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Duration
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View Schedule (Link)
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Instructor-Led Training
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SAR 7031.25
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4 Days
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Audience:
- Business Analysts
- End Users
- Functional Implementer
- Sales Consultants
- Support Engineer
- Technical Consultant
Prerequisites:
Required Prerequisites:
Course 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
- Demonstrate how to enter and maintain compensation survey data
- Learn how to set up grade rates, pay scales, and scale rates
- Understand the grade/step progression business process
- 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 allocate vehicles to employees
- Learn how to set up absence types and elements
- 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
Course Topics:
Introduction to Salary, Awards, and Absences
- Introduction to Salary, Awards, and Absences
Implementing Salary Administration
- Implementing Salary Administration
Using Salary Administration
- Using Salary Administration
Grades and Pay Administration
- Grades and Pay Administration - Overview
- Setting up Non-automatic Step Progression
- Setting up Grade/Step Progression
- Managing Grades and Pay
- Configuring Criteria-Based Rates for Variable Pay
- Performing Compensation Surveys
Compensation Awards Management
- Overview of Compensation Workbench
- Compensation Plan Design
- Controlling Access, Eligibility, and Award Amounts
- Worksheet and Budget Sheet Configuration in Compensation Workbench
- Compensation Workbench Plan Administration
- Reports and Notifications in Compensation Workbench
Individual Compensation Distributions
- ICD Overview
- ICD Plan Design
- Enrollment Requirements
- Setting up Activity Rates and Coverage for the ICD Plan
- Assigning Awards Using ICD
- Configuring Total Compensation Statement
Vehicle and Mileage Processing
- Vehicle and Mileage Processing
Leave and Absence Management
- Setting up Absence Management
- Managing Absences
- Understanding the Accrual Plan Structure
- Setting Up PTO Accrual Plans
- Administering Accrual Plans
- Adapting the Predefined Formulas and Rules
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