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


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