Course Overview
This course provides a thorough introduction to the Total Compensation Framework—the core set of Oracle HRMS features used to set up your compensation and benefits offerings. As a prerequisite, take this course before you implement Standard or Advanced Benefits, Compensation Workbench, Individual Compensation Distribution, Absence Management, or Grade/Step Progression. You learn to define elements to store compensation and benefits data and to manage and validate elements in sets using Batch Element Entry (BEE). Other topics show you how to define a hierarchy of compensation objects and to control eligibility and price tags for those objects. Lastly, you learn to use System Extract to manage third-party reporting.
This course will be applicable for customers who have implemented Oracle E-Business Suite Release 12 or Oracle E-Business Suite 12.1.
Learn To:
- Understand the HRMS Total Compensation model
- Define and manage elements
- Handle benefits enrollments
- Create system extracts
Who should attend
- Business Analysts
- End Users
- Functional Implementer
- Project Manager
- Sales Consultants
Prerequisites
- Knowledge of common compensation and benefits administration practices
- Basic computing skills and understanding of Oracle Applications
Course Objectives
- Use the Total Compensation Framework to manage compensation and benefits for your enterprise
- Define elements to store compensation and 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 and 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