Oracle - Course Details

R12.xOraHRMSTCF R12.X Oracle HRMS Total Compensation Foundations

Oracle Course Description:
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.
Oracle Course Duration:
2 DAYS
Oracle Course Target Audience:
Business Analysts,End Users,Functional Implementer,Project Manager,Sales Consultants
Oracle Course Prerequisite:
Knowledge of common compensation and benefits administration practices,Basic computing skills and understanding of Oracle Applications
Course Content:
  • 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