Oracle Fusion Compensation Workbench Training (Release 11) (15A)

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Fusion Compensation Workbench (CWB) is a part of Fusion HCM that allows managers and compensation professionals to plan, model, and allocate budgets and awards, on a global basis across multiple currencies. Users can distribute budgets and compensation based on guidelines, see a worksheet view of employees, their performance ratings, and total compensation.

In This Module We Will Learn :

Compensation Management Overview

  • Introduction to Compensation Management
  • Compensation Roles
  • Define Compensation Eligibility Profiles
  • Define Elements
  • Demo and Exercise

Base Pay and Individual Compensation

  • Define and Manage Base Pay
  • Individual Compensation
  • Demo and Exercise

Workforce Compensation Overview

  • Introduction to Workforce Compensation
  • Compensation Budget
  • Configure Compensation Worksheet
  • Linking of Performance Management with Compensation
  • Configuring Compensation Model

Configuration of Workforce Compensation

  • Validation of Compensation Plan
  • Practice session on workforce compensation plan
  • Administer Workforce Compensation
  • Demo and Exercise

Oracle Fusion Compensation Workbench Training

  • How to transfer Compensation data to HR
  • Brief understanding on Total Compensation Statement