Oracle Fusion Workforce Compensation

As salamo alaikum wa rahmatullah

Workforce Compensation - Key Feature
-> Facilitates review cycles for global organization for
* Annual focused review cycle
* Anniversary based review cycle
-> Allocate multiple types of compensation
-> Manage budgets at the manager level or at the worker level
-> Create models to automatically determine worker allocation, 

budgets amounts and targets
-> View performance ratings or rate performance
-> Promote workers
-> Review and approve work of lower managers
-> Analyze allocations using online reports
-> Generate compensation change statements


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Key Decision Points
* Who are eligible for the Plan?
* How many plans are required?
* Who should have access to setups, administrator and 

worksheet pages?
* What compensation components are being awarded through the 

plan?
* How does the reporting hierarchy look like?
* What are key plan cycle dates?
* How does the worksheet look like?
* Do you want to use performance rating in compensation

plans? if so whether you want to award performance rating in 

compensation module or import from Fusion Performance 

management?
* What kind of budgeting will be used?
* What kind of modeling will be used?
* What kind of approval process is required?
* How to communicate awards and promotions to the workers?


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Pre-Requisite Configurations

# Eligibility Profiles
# Elements
# Fast Formulas



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Workforce Compensation - Roles

=> Compensation Administrators:
* Configure and maintain compensation plans
* Update information, run processes and review 

administration
* Maintain currency rates and access to plans from the 

watch list
* Run processes to initiate a compensation cycle, 

transfer data to the HR System, and refresh HR data reports.


=> Compensation Managers:
* Manage worker data by changing assignment data for 

the current plan cycle
* Distribute initial budget
* Change budget and worksheet access
* Override line manager allocations, Job changes, and 

Performance ratings.
* Analyze plan results using administrative reports
* create model for use by line manager or by 

administrator to distribute compensation directly to workers


=> Line Manager:
* Line manager can allocate one or more types of 

compensation manually or automatically for group of workers on 

a focal, anniversary, or periodic basis
* Approval allocations of lower level managers
* Promote and rate worker performance
* View compensation history
* Run report to analyze the compensation cycles.


=> Worker:
* The worker can view the compensation details in my portrait

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WORKFORCE COMPENSATION TASK FOR COMPENSATION ADMINISTRATOR 

ROLE
** MANAGE PLANS
** MANAGE ACTIVE PLANS
** RUN BATCH PROCESSES
** CONFIGURE GLOBAL SETTINGS

WORKFORCE COMPENSATION TASK FOR COMPENSATION MANAGER ROLE
** ACT AS PROXY MANAGER
** ADMINISTER WORKERS
** MANAGE GLOBAL MODELS
** VIEW ADMINISTRATION REPORTS


WORKFORCE COMPENSATION - PROCESS FLOW
------------------------------------

-> SETUP PLAN -> LOAD DATA FROM HR SYSTEM OF RECORD -> START 

COMPENSATION CYCLE -> PLAN DETERMINES BUDGET, TARGETS DEFAULTS 

-> ALLOCATE COMPENSATION -> APPROVER WORK OF LOWER MANAGER -> 

TRANSFER APPROVED COMPENSATION AND PROMOTIONS TO FUSION HR -> 

COMMUNICATE TO WORKERS -> TRANSFER APPROVED DATA TO HR SYSTEM 

OF RECORD

* Configure workforce compensation plan
* Load data from HR system of record HR into Fusion (Optional 

if using Fusion Global HR for HR system of record)
* Run batch process to start compensation cycle
* Plan and load budgets, targets and defaults using modeling 

or manual process
* Open system to managers to being allocations
* Review and approve work of lower managers (Can occur during 

the entire cycle)
* Run batch process to transfer approved compensation and 

promotions to Fusion HR and Payroll
* Communicate awards and promotions to workers
* Transfer compensation and promotions to HR system of record
* Review and analysis can take at any time using delivered 

reports and data downloads




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Workforce Compensation - Batch Processes

* Start Workforce Compensation Cycle : Build manager 

worksheets with eligible workers for a new plan and initiate 

the compensation cycle.

* Refresh Workforce Compensation Data : Synchronize workforce 

compensation data with HR data, update plan design and 

currency conversion rates, and recalculate summary data.

* Transfer Workforce Compensation Data to HR : Post base pay 

adjustment to salary records, Job, Grade and Position changes 

to Human Resources, and element entries to Payroll.

* Back Out Workforce Compensation Data : Reverse a completed 

Start Workforce Compensation Cycle process or remove salary, 

Payroll and HR changes posted.

* Purge Workforce Compensation Data : Remove unneeded 

transaction data from prior plan cycle.



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Define Workforce Compensation
TASK LIST

## FOUNDATION
-> Configure Plan Details
-> Configure Plan Eligibility
-> Configure Plan Cycle
-> Configure Plan Currency
-> Configure Plan Access
-> Configure Plan Feedback Survey


## BUDGETS
-> Configure Budget Pools
-> Configure Budget Displanb

## WORKSHEETS
-> Configure Compensation Components
-> Configure Performance Ratings
-> Configure Approvals
-> Configure Compensation Change Statements
-> Configure Alerts
-> Configure Worksheet Display

## MODEL AND REPORTS
-> Configure Modeling
-> Configure Reports
-> Configure Report Dimensions
-> Configure Report Filters

## VALIDATION AND PROCESSING
-> Validate Plan and Start Compensation Cycle


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STEP 1 : CONFIGURE PLAN DETAILS
Define basic plan details such as Name,Description, and Status 

etc.

* Display Order : Order in which you want the plan to appear 

in the list of other plans
* Hierarchy Type : Determines hierarchy type to be used to 

summarized and organize data on the worksheets.
* Frequency : Determines how adjusted salary is calculated, 

Brings salaries paid in different frequencies (hourly, 

monthly, annually) to the selected frequency.
* Annualized Factor : Converts base pay in the selected 

frequency to an annualized value.
* Employee Record to Use
Determines :
> Employment records evaluated by the start 

compensation cycle process
> Which records are used during the 

compensation cycle
* Plan Status
You can run the start Compensation Cycle process for 

active plans.
Note : Inactive plans can't be processed.