08.EBS R12.1 HCM 8 Compensation Workbench

<Insert Picture Here>
Oracle E-Business Suite R12 Human Capital Management (HCM) Essentials

Partner Boot Camp Training Courseware
Compensation Workbench
For Oracle employees and authorized partners only. Do not distribute to third parties.
2012 Oracle Corporation Proprietary and Confidential
-1-
Safe Harbor Statement

The following is intended to outline our general
product direction. It is intended for information
purposes only, and may not be incorporated into any
contract. It is not a commitment to deliver any
material, code, or functionality, and should not be
relied upon in making purchasing decisions.
The development, release, and timing of any
features or functionality described for Oracles
products remains at the sole discretion of Oracle.
-2-
Oracle Training Materials Usage

Agreement
Use of this Site (Site) or Materials constitutes
agreement with the following terms and conditions:
1. Oracle Corporation (Oracle) is pleased to allow its business partner (Partner) to download and copy the
information, documents, and the online training courses (collectively, Materials") found on this Site. The use
of the Materials is restricted to the non-commercial, internal training of the Partners employees only. The
Materials may not be used for training, promotion, or sales to customers or other partners or third parties.
2. All the Materials are trademarks of Oracle and are proprietary information of Oracle. Partner or other third
party at no time has any right to resell, redistribute or create derivative works from the Materials.
3. Oracle disclaims any warranties or representations as to the accuracy or completeness of any Materials.
Materials are provided "as is" without warranty of any kind, either express or implied, including without
limitation warranties of merchantability, fitness for a particular purpose, and non infringement.
4. Under no circumstances shall Oracle or the Oracle Authorized Delivery Partner be liable for any loss,
damage, liability or expense incurred or suffered which is claimed to have resulted from use of this Site of
Materials. As a condition of use of the Materials, Partner agrees to indemnify Oracle from and against any
and all actions, claims, losses, damages, liabilities and expenses (including reasonable attorneys' fees)
arising out of Partners use of the Materials.
5. Reference materials including but not limited to those identified in the Boot Camp manifest can not be
redistributed in any format without Oracle written consent.
-3-
Key Content Contributors

Contributing Companies
-4-
R12: Oracle HRMS
-5-
<Insert Picture Here>
Module: Compensation Workbench
Pre-requisites
To understand this module you should have hand-on knowledge of
following Core HR features
Work Structure Components
Core HR Workforce Management
Element description and Link Setup
Basic Knowledge of Fast Formula
Defining Rating Scale
-7-
Module Objectives
Plan Enrollment Requirements
Standard Rates
Life Events
Eligibility Profiles
Total Compensation Statement
Compensation Workbench for Managers &
Administrators
Profile Options for CWB
Perform Budgeting
Manage Promotion and Rating
-8-
Plan Definition, Types and Years

Plan Types
Determine the category of compensation offerings
Must choose the Option Type of Compensation Workbench
The Compensation Category specifies if the plan type is for salary, bonus or
stock
-9-

Compensation Plan
Compensation Workbench plan is a collection of group of various tasks
that are available to managers at the same time, processed at same
time, and use the same hierarchy and approval chain.
Typical compensation plans include salary increases linked to a yearly
focal review period, scheduled bonuses, and stock option grants. One
can also define plans for promotions/job changes and performance
ratings.
In case of multiple plans across different business groups then all should
be associated with one global plan. One create a single budget for the
global plan, which you can distribute across the local plans in their local
currencies.
One can group different plans of same plan type in a business group
under one global plan and allocate money to all plans using single
budget.
-10-

(N)Total Compensation> Program and Plans > Plans.
-11-

Year periods must be defined for
each compensation object
Year periods can be defined as
either Calendar or Fiscal
Within Year periods may be
used to specify time within a
year
Most commonly
quarterly bonuses
used
with
Budget/Worksheet periods may

be defined for the within year
periods
(N) Total Compensation >

General Definitions > Additional
Setup > Program/Plan Years
-12-
Module Objectives
Standard Rates
Life Events
Administrators
Perform Budgeting
-13-

Plan enrollment requirements are setup to determine the availability
period of Compensation Workbench in Self-Service for a plan.
One can use plan enrollment requirements to enter items such as
the:
Assigned life event date
Plan year or within year period for the compensation plan
Close enrollment date
Enrollment coverage and activity rate start and end dates
Budget and worksheet characteristics and availability periods
Supervisor or position hierarchy to use for budgets
Dates on which performance ratings or job changes become effective
-14-

(N) Total Compensation > Programs and Plans > Plan Enrollment
Requirements
-15-
Module Objectives
Life Events
Administrators
Perform Budgeting
-16-
Standard Rates
Overview
Used to display calculations to help the manager or to allow input
from the manager to complete a calculation
Activity Types determine how the standard rate is used by CWB and
where the information will be displayed
Many standard rates can be defined for a single comp plan during
implementation
Standard Rates are used to record a variety of compensation
amounts, such as
Worksheet Budget
The worksheet budget is the amount that a manager sees on his/her
worksheet to allocate to his/her direct reports.
-17-
Standard Rates
Worksheet Amount
This rate is required and represents the amount a manager enters on the
worksheet in money or shares. Attaching an element entry to this rate will
forward this amount to the payroll system.
Distribution Budget
The distribution budget is the budget that a manager gives another manager to
further distribute down the reporting hierarchy.
Budget Reserve
A budget reserve allows managers to hold back money in a budget for later
use. Only if you use budgets should this rate be defined.
Recommended Amount
Recommended amount help manager to distribute the target amount to the
employees
Eligible Salary
Eligible Salary is the salary used for CWB calculations
-18-
Standard Rates
(N) Total Compensation > Rates/Coverage Definitions > Standard Rates
-19-
Module Objectives
Standard Rates
Administrators
Perform Budgeting
-20-
Life Events
Life Events
Seeded
life
event
type
Compensation
You must define separate life
events for Salary, Bonus and
Stock plans
Life events are attached to the
plan enrollment requirements
When the plan is processed, the
events are assigned directly to
each person
(N) Total Compensation >
General Definitions> Additional
Setup > Life Event Reasons
-21-
Module Objectives
Standard Rates
Life Events
Administrators
Perform Budgeting
-22-
Overview
Eligibility profiles are defined to determine employee eligibility for
compensation and benefits plans
Following Tab Regions are present to define the eligibility.
Personal
Employment
Derived Factors
Related Coverage
Other
When you define more than one value for a criterion, at least one of
the values must be present in the person's record for them to be
eligible. However, when you use multiple criteria in an eligibility profile
(for example, a Work Location and an Organization), the person must
meet at least one value for each criterion.
BEN: Eligible Profile Rule profile controls the AND OR rules between
multiple eligibility defined for a plan.
-23-
Compensation > General Definitions > Eligibility Profiles > Participant
-24-
Module Objectives
Standard Rates
Life Events
Administrators
Perform Budgeting
-25-

Overview
Total Compensation Statements is used to communicate
compensations, rewards, and benefits to your employees and
contingent workers. They can use this statement to view their total
compensation for a specified period, often one year, through an
easy-to-use self-service interface
Compensation administrator, or an HR professional can view
employee statements before you make the statements available to
employees
Administrator can print statements for groups of employees at a
single time. The enhanced printing ability enables to efficiently print
and distribute Total Compensation Statements to employees who do
not have online access
It is 7 step setup process to generate the total compensation
statement for the eligible employee.
-26-

7 steps to Define the total compensation statement.
(N) Total Compensation > Total Compensation Setup Wizard
-27-

(N) Total Compensation setup Wizard > Total Compensation statement.
Welcome Letter
-28-
Module Objectives
Standard Rates
Life Events

Perform Budgeting
-29-
CWB for Managers & Administrators

Roles and Responsibilities of Workbench Administrator
Creates and Identifies Plans Plans would mean if its a Bonus Event or
a Salary Increase Event
Allocate Budgets for Managers. In short Comp Ben Admin would create
the Budget allocate it to the respective Managers and Managers would
distribute it to the Employees based on performance
Update employee/manager information
Update plan information
Refresh Plan and Person Information
Back out a Compensation Plan
Post compensation Awards to employee records
Close out a compensation workbench plan
Generate Notification to Mass
-30-

CWB Administrator can update employee salary proposal and
assignment records such as Base Salary, Pay Animalization Factor,
Plan eligibility status, worksheet amount, eligible salary etc.
(N) HR Professional > Compensation Workbench for Administrators >
Employee Administration
-31-

CWB Administrator Access Control under Manager information Tab
(N) HR Professional > Compensation Workbench for Administrators
> Employee Administration
-32-

Roles and Responsibilities of Manager
Allocate the budget down the hierarchy
Provide Awards, shared, Salary increase or assignment attributes
changes to the employee reporting to him
Approve the Actions of subordinate managers
(N) Manager Self service > Compensation workbench
-33-

Allocation of Compensation to the Employees
-34-

Compensation Summary available to the Managers
-35-
Module Objectives
Standard Rates
Life Events
Administrators
Perform Budgeting
-36-

Compensation Workbench provides the following sample configurable
profile options
Profile
Configurable
Levels
Values
HR: Compensation
Workbench
Licensed
Site
Yes
BEN: CWB
Summary Level
Site
All Employees
BEN: Eligible Profile

Rule
Site
OR
-37-
Module Objectives
Standard Rates
Life Events
Administrators
-38-
Perform Budgeting
Overview
Compensation Workbench provides two general styles of budgeting

Automatic Budgeting:- Use this type of budget if you predetermine
budgets prior to giving managers access. Auto-issuing budgets gives the
compensation professional control over the amount a manager can
allocate to reporting employees and creates a uniform compensation
distribution across the enterprise
Roll-Down Budgeting:- Use this type of budget if you predetermine the
initial budget only, and line managers complete the budgeting task. As a
compensation administrator, you publish the initial budget with the
highest-level manager, or with multiple lower managers. Managers roll the
budgets down the hierarchy by distributing the budget
-39-
Perform Budgeting
CWB Administrator publish the budget the highest level manager
which in turn uses the Budget Task to pass it to the below hierarchy
(N) HR Professional > Compensation Workbench for Administrators
> Employee Administration
-40-
Perform Budgeting
Group Head Receives the Budget Information from the CWB
Administrator. Group Head plans and allocates budgets to the
reporting managers.
budget
> Set
Manager uses set budget task to distribute the budget to his/her direct
reporting manager
-41-
Perform Budgeting
Budget Allocation by CWB Manager
budget
>Set
-42-
Module Objectives
Standard Rates
Life Events
Administrators
Perform Budgeting
-43-
Compensation Workbench provide the feature to process a

promotion or complete a performance rating and ranking in
conjunction with processing a pay increase, bonus, or stock award.
In case performance management system is used to manage

performance appraisal manager can view complete appraisal details
directly from CWB allocation worksheet.
Checklist item for Manager, In case CWB Plan consists of Job

Change/ Promotion and Performance Rating Item only
-44-
Job Change/ Promotion Task
(N) Manager Self service > Compensation Workbench > Job

Change /Promotions
-45-

Performance Rating Task
(N)
Manager Self service > Compensation Workbench >
Performance Rating
-46-

Job Change/Promotion and Performance Rating Task summary
(N) Manager Self service > Compensation Workbench > Review
and Submit
-47-
Q&
A
-48-
Thank You
-49-

08.EBS R12.1 HCM 8 Compensation Workbench

Hochgeladen von

Dokumentinformationen

Copyright

Verfügbare Formate

Dieses Dokument teilen

Dokument teilen oder einbetten

Freigabeoptionen

Stufen Sie dieses Dokument als nützlich ein?

Sind diese Inhalte unangemessen?

Copyright:

Verfügbare Formate

08.EBS R12.1 HCM 8 Compensation Workbench

Hochgeladen von

Copyright:

Verfügbare Formate

<Insert Picture Here>

Oracle E-Business Suite R12 Human Capital Management (HCM) Essentials

Safe Harbor Statement

Oracle Training Materials Usage

Key Content Contributors

R12: Oracle HRMS

<Insert Picture Here>

Module: Compensation Workbench

Plan Definition, Types and Years

Plan Definition, Types and Years

Plan Definition, Types and Years

Plan Definition, Types and Years

Budget/Worksheet periods may

(N) Total Compensation >

Plan Enrollment Requirements

Plan Enrollment Requirements

Total Compensation Statement

Total Compensation Statement

Total Compensation Statement

Total Compensation Statement

Profile Options for CWB

CWB for Managers & Administrators

CWB for Managers & Administrators

CWB for Managers & Administrators

CWB for Managers & Administrators

CWB for Managers & Administrators

CWB for Managers & Administrators

Profile Options for CWB

BEN: Eligible Profile

Manage Promotion and Rating

Compensation Workbench provides two general styles of budgeting

Manage Promotion and Rating

Compensation Workbench provide the feature to process a

In case performance management system is used to manage

Checklist item for Manager, In case CWB Plan consists of Job

(N) Manager Self service > Compensation workbench

Manage Promotion and Rating

Job Change/ Promotion Task

(N) Manager Self service > Compensation Workbench > Job

Manage Promotion and Rating

Manage Promotion and Rating

Das könnte Ihnen auch gefallen