Oracle Fusion Compensation Workbench Training (Release 11)
Carefully constructed by our proficient trainer with more than 5 years of mastery in the Oracle Human Capital Management realm, the Oracle Fusion Compensation Workbench course/training offers a thoughtfully designed curriculum that equips learners with in-depth knowledge and expertise in this specific field. 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
Course Content
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