R12.x Oracle HRMS Compensation Workbench and Salary Configuration

Duration : 4 Days (32 Hours)

R12.x Oracle HRMS Compensation Workbench and Salary Configuration Course Overview:

The Oracle R12.x Oracle HRMS Compensation Workbench and Salary Configuration course offers a comprehensive exploration of salary structure creation and management within Oracle HRMS. Participants will learn to build salary models, define job grades and pay rates, establish career ladders, and more. Covered topics include HRMS understanding, salary structures, utilizing the compensation workbench, configuring salary grades and steps, crafting career ladders, pay rate setup, and designing performance-based elements. By course completion, learners will proficiently develop and administer tailored salary structures, leveraging Oracle HRMS to enhance their organization’s compensation strategy.

Intended Audience:

  1. Human Resources Professionals
  2. Payroll Professionals
  3. Financial Analysts
  4. System Analysts
  5. Compensation Experts and Administrators
  6. IT Staff responsible for Oracle application management, configuration, and support
  7. Individuals seeking an understanding of Oracle’s R12.x salary and compensation process
  8. Those with experience in setting up compensation within Oracle’s HRMS Suite of applications
  9. Individuals involved in defining, maintaining, and testing compensation components across Oracle products
  10. Anyone in the organization responsible for implementing and administering compensation plans and salary structures.

Learning Objectives of R12.x Oracle HRMS Compensation Workbench and Salary Configuration:

The R12.x Oracle HRMS Compensation Workbench and Salary Configuration Training can help learners understand:
1. The fundamental concepts and components of Oracle HRMS Compensation Workbench
2. How to configure Oracle HRMS Compensation Workbench
3. How to use Salary scales and pay grades in compensation modeling
4. The processes that must be undertaken to define and deploy compensation plans
5. The steps necessary to enter and manage payroll information
6. How to use templates and component models to create complex compensation models
7. What labor costing rules must be considered when designing compensation plans
8. How to analyze compensation data and interpret the results
9. The features and functionality available through Oracle HRMS Compensation Workbench
10. Topics related to Oracle’s compensation management system, including salary planning and forecasting.

 Module 1: Introduction to Salary, Awards, and Absences

  • Introduction to Salary, Awards, and Absences
  • Administering salaries
  • Mapping compensation surveys
  • Using Grade/Step progression
  • Learning about Compensation Workbench
  • Understanding Individual Compensation Distribution
  • Understanding Total Compensation Managing
  • Absences

 Module 2: Implementing Salary Administration

  • Implementing Salary Administration
  • Setting up Salary Administration
  • Creating salary elements
  • Defining Salary basis
  • Creating salary components
  • Understanding predefined salary components
  • Understanding salary approvals

 Module 3: Using Salary Administration

  • Using Salary Administration
  • Assigning salary basis
  • Entering salaries
  • Proposing salary changes
  • Correcting/deleting salary records
  • Reviewing salaries
  • Using the Salary Management Folder
  • Web ADI and Salary Management

 Module 4: Grades and Pay Administration

  • Grades and Pay Administration – Overview
  • Learning about models of pay administration
  • Understanding grade implementation approaches
  • Understanding Non-automatic step progression approach
  • Setting up Grade/Step progression
  • Setting up grade ladder
  • Administering grade/step progression
  • Making manual grade step progression

 Module 5: Configuring Criteria-Based Rates for Variable Pay

  • Why use Criteria-Based rates?
  • Setting up Criteria-based rate
  • Eligibility criteria for criteria-based rates
  • Defining criteria rate
  • Setting up rate matrix

 Module 6: Performing Compensation Surveys

  • Understanding compensation surveys
  • Compensation survey identifier
  • Entering compensation surveys
  • Defining compensation survey lines
  • Mapping compensation survey lines

 Module 7: Compensation Workbench (CWB)

  • Overivew
  • Understanding compensation workbench
  • Setting up CWB plans
  • Setting up global plans, component plans, and combination plans
  • Define steps to display market salary survey data
  • Controlling access and eligibility in compensation workbench

 Module 8: Worksheet and Budget Sheet Configuration in Compensation Workbench

  • Displaying rates
  • Validating jobs, grades, and positions
  • Displaying columns
  • Configuring flexfields
  • Configuring custom and dynamic columns
  • Displaying performance appraisal details in CWB

 Module 9: Compensation Workbench Plan Administration

  • Opening a Compensation Workbench Award Cycle
  • Publishing budgets
  • Adding individuals into a started compensation workbench cycle
  • Writing allocated amounts from the compensation workbench cycle
  • Refreshing compensation workbench data
  • Generating mass notifications
  • Generating compensation workbench reports for managers
  • Generating compensation workbench reports for administrators

 Module 10: Individual Compensation Distribution (ICD)

  • ICD for administrators, HR Professionals, and line managers
  • ICD plan administration
  • Creating ICD plans using Quick Setup
  • Assigning awards using ICD
  • Approval chain for ICD
  • Using the Employee Administration portal for ICD transactions

 Module 11: Configuring Total Compensation Statement

  • Categorizing a compensation statement
  • Explaining total compensation statement
  • Deciding on compensation source
  • Setting up total compensation statement
  • Processing total compensation statements

 Module 12: Vehicle and Mileage processing

  • Vehicle repository entry process
  • Vehicle allocation process
  • Mileage claims process
  • Setting up mileage claims

 Module 13: Setting up Absence Management

  • Absence management components
  • Defining absence elements
  • Setting up absence management
  • Absence entry and reporting

 Module 14: Understanding the Accrual Plan Structure

  • Accrual plan rules
  • Configuring plans rules
  • Setting up PTO accrual plans
  • Administering accrual plans
  • Enrolling employees in accrual plans
  • Viewing accrual information
  • Adapting the predefined accrual formulas and rules
  • Understanding accrual formulas

R12.x Oracle HRMS Compensation Workbench and Salary Configuration Course Prerequisites:

1. Basic Knowledge of Oracle Database and SQL
2. Previous experience with Oracle HRMS
3. Understanding of Oracle Functional Setup Manager
4. Understanding of Oracle HRMS fundamental modules (Organization, Work Structures, Job and Position)
5. Understanding of Oracle HRMS basic functional setup (understanding of Generic and Country Flexfields)
6. Oracle HRMS Reports and Forms experience
7. Understanding of Descriptive Flexfields
8. Understanding of Salary Rules

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  • Practice Labs.
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  • Access to the recordings of your class sessions for 90 days.
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