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Workforce Rewards Overview (Compensation Management (Base Compensation…
Workforce Rewards Overview
Compensation Management
Base Compensation
Manage Individual Base pay Records
Review Proposed Progressions
Review Salary Updates
Manage Progression Grade Ladders
Run Grade Stop Progression
Synchronize Grade Step Rates
Allow access to view salary info/history and manage base salary
Compensation Managers
Compensation Administraters
Provide the employee the ability to view their Salary History Info
Individual Compensation
Manage Individual Variable compensation
Allowed by Compensation Managers, Line Manager, HR Specialist
View award history
Allowed by Compensation Managers, Line Manager, HR Specialist
Enables defining compensation that managers can award to individual workers outside of the regular compensation cycle, such as spot bonus or education reimbursement. Workers can also manage their own contributions to charitable or saving plans.
Workforce Compensation
Enables the delivery of bespoke compensation programs designed for your organization, including modeling various scenarios, gathering manager input and final reward communications.
End-to-End Compensation Management
Analyze, model, budget and administer an unlimited number of compensation plans locally across the globe
Pay-for-Performance
Compensation calculations Metrics
Ratings
Goal attainment
Complete Configuration
Modelling and rolling out compensation plans
Total Compensation
Total Compensation Statements
Available to employees through Employee Self-Service
Mass print capabilities
Access to the Statements generator to communicate rewards year-round to employees
Configuration of the statements
Accessible to compensation admins
Display
Employer and employee costs
Reward Programs
Savings/retirement pans
Equity awards
Global Payroll Interface
Provides an inbound and outbound interface that enables the application to interact with third-party payroll service providers. The following features are available with Payroll interface to easily validate, extract and import payroll-related information.
4 predefined extract definition
Copy to your requirements
Adapt to your requirement
HCM Data Loader
Import processed data
Import messages
Import payslips to document records
Oracle Business Intelligence Publisher
Report on processed payroll data from 3rd party providers
Benefits
Global, ruled-based benefits solution that enables organizations to manage and deliver benefits programs to meet their mission, objectives and strategic alignment to the organization
Benefits Management
Highly configurable
Simple or complex benefit programs
Self-Service Benefits
Consumer-style user interface
Employees make their benefit choices
Benefits Extract
HCM Extract
To create your own bespoke benefits extracts for 3rd party vendors
HR-XML
Standard Benefits Extract
Leading benefits integration partners
Benefits XML
Knontou
Global Payroll and Localizations
Oracle Cloud Payroll solutions address the myriad requirements needed to operate today's global economy. These solutions are engineered to work together or separately and are not reliant on one another within your enterprise.
Core Payroll
Employee management
Streamline payroll administration
Core Global payroll engine
Dashboards and checklists
Self-service
Localization
Successfully process payrolls for : Canada, China, Kuwait, Saudi Arabia, UK, USA
Payroll Integrations
Outsourcing all or part of your payroll processing to a 3rd party vendor
Pre defined payroll outputs and vendor integrations
Free