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R12.X Oracle HRMS Total Compensation Foundations (Training On Demand)

Course Details
Code: D92145GC10
Tuition (USD): $1,630.00 $1,548.50 • Self Paced (2 days)
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This course is available in other formats
Instructor-Led Classroom & Virtual
R12.X Oracle HRMS Total Compensation Foundations (D60658GC10)

This course provides a thorough introduction to the Total Compensation Framework—the core set of Oracle HRMS features used to set up your compensation and benefits offerings. As a prerequisite, take this course before you implement Standard or Advanced Benefits, Compensation Workbench, Individual Compensation Distribution, Absence Management, or Grade/Step Progression. You learn to define elements to store compensation and benefits data and to manage and validate elements in sets using Batch Element Entry (BEE). Other topics show you how to define a hierarchy of compensation objects and to control eligibility and price tags for those objects. Lastly, you learn to use System Extract to manage third-party reporting.

This course will be applicable for customers who have implemented Oracle E-Business Suite Release 12 or Oracle E-Business Suite 12.1.

Learn To:
  • Understand the HRMS Total Compensation model
  • Define and manage elements
  • Handle benefits enrollments
  • Create system extracts

Skills Gained

  • Use the Total Compensation Framework to manage compensation and benefits for your enterprise
  • Define elements to store compensation and benefits data
  • Enter elements in batch
  • Control eligibility through participant eligibility profiles
  • Calculate derived factors, such as age or length of service, for use in participant eligibility profiles
  • Structure your compensation and benefits offerings in Oracle HRMS
  • Define compensation objects: programs, plan types, plans, and options
  • Link participant eligibility profiles to compensation objects
  • Define standard activity rates to calculate earnings and deductions and absence accruals
  • Attach elements to standard rates
  • Vary a standard activity rate by defining a variable rate
  • Define the data elements and layout of a system extract
  • Process a system extract

Who Can Benefit

  • Analyst
  • End User
  • Implementer
  • Manager

Course Details

Topics

  • Introduction to Compensation and Benefits
    • Total Compensation Framework
    • Introduction to Benefits Management
    • Introduction to Compensation Management
  • Total Compensation Elements
    • Introducing Elements
    • Defining Elements
    • Controlling Eligibility and Costing for Elements
    • Planning Methods of Entry
    • Using Batch Element Entry
  • Participant Eligibility
    • Introducing Eligibility
    • Defining Derived Eligibility Factors
    • Defining Participant Eligibility Profiles
  • Compensation Objects
    • Introducing the Compensation Object Hierarchy
    • Defining Plan Types and Options
    • Defining Plans and Programs
    • Running Plan Design Copy
  • Standard and Variable Rates
    • Defining Standard Contributions and Distributions
    • Defining Variable Rate Profiles
  • System Extract
    • Defining a System Extract: Overview and Layout Definition
    • Defining System Extract Criteria
    • Running a System Extract
    • Using HR/Payroll Extracts
  • Total Compensation Framework
  • Introduction to Benefits Management
  • Introduction to Compensation Management

Total Compensation Elements

  • Introducing Elements
  • Defining Elements
  • Controlling Eligibility and Costing for Elements
  • Planning Methods of Entry
  • Using Batch Element Entry

Participant Eligibility

  • Introducing Eligibility
  • Defining Derived Eligibility Factors
  • Defining Participant Eligibility Profiles

Compensation Objects

  • Introducing the Compensation Object Hierarchy
  • Defining Plan Types and Options
  • Defining Plans and Programs
  • Running Plan Design Copy

Standard and Variable Rates

  • Defining Standard Contributions and Distributions
  • Defining Variable Rate Profiles

System Extract

  • Defining a System Extract: Overview and Layout Definition
  • Defining System Extract Criteria
  • Running a System Extract
  • Using HR/Payroll Extracts
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