08.ebs r12.1 hcm 8 compensation workbench
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Oracle $%&usiness 'uite (12 "uman Capital )ana*ement +"C), $ssentials
Partner &oot Camp -rainin* Courseare
Compensation /orbench
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Key Content Contribtors
Contributin* Companies
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(127 Oracle "()'
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!nsert Picture "ere#
)odule7 Compensation /orbench
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Pre%re?uisites
-o understand this module you should hae hand%on noled*e of
folloin* Core "( features
@ /or 'tructure Components
@ Core "( /orforce )ana*ement
@ $lement description and Ain 'etup
&asic Bnoled*e of Fast Formula
@ Definin* (atin* 'cale
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Module Objectives
Plan Enrollment RequirementsStandard Rates
Life Events
Eligibility Profiles
Total Compensation Statement
Compensation or!benc" for Managers #$dministrators
Profile Options for C%
Perform %udgeting
Manage Promotion and Rating
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Plan Types
@Determine the cate*ory of compensation offerin*s
@)ust choose the Option -ype of Compensation /orbench3
@-he Compensation Cate*ory specifies if the plan type is for salary bonus orstoc
Plan &efinition' Types and (ears
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Compensation Plan
@Compensation /orbench plan is a collection of *roup of arious tass
that are aailable to mana*ers at the same time processed at sametime and use the same hierarchy and approal chain.
@-ypical compensation plans include salary increases lined to a yearlyfocal reie period scheduled bonuses and stoc option *rants. Onecan also define plans for promotionsEob chan*es and performance
ratin*s.
@!n case of multiple plans across different business *roups then all shouldbe associated ith one *lobal plan. One create a sin*le bud*et for the*lobal plan hich you can distribute across the local plans in their localcurrencies.
@One can *roup different plans of same plan type in a business *roupunder one *lobal plan and allocate money to all plans usin* sin*lebud*et.
Plan &efinition' Types and (ears
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Plan &efinition' Types and (ears
+,-otal Compensation# Pro*ram and Plans # Plans.
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Plan &efinition' Types and (ears
@ Gear periods must be defined foreach compensation obEect
@ Gear periods can be defined aseither Calendar3 or Fiscal3
@ /ithin Gear3 periods may beused to specify time ithin ayear
@ )ost commonly used ith?uarterly bonuses3
@ &ud*et/orsheet periods maybe defined for the ithin yearperiods
@ +, -otal Compensation #Heneral Definitions # 9dditional'etup # Pro*ramPlan Gears
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Module Objectives
Plan &efinition' Types and (ears
Standard Rates
Life Events
Eligibility Profiles
Total Compensation Statement
Compensation or!benc" for Managers #$dministrators
Profile Options for C%
Perform %udgeting
Manage Promotion and Rating
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Plan Enrollment Requirements
@ Plan enrollment re?uirements are setup to determine the aailabilityperiod of Compensation /orbench in 'elf%'erice for a plan.
@ One can use plan enrollment re?uirements to enter items such asthe7
@ 9ssi*ned life eent date
@ Plan year or ithin year period for the compensation plan
@ Close enrollment date@ $nrollment coera*e and actiity rate start and end dates
@ &ud*et and orsheet characteristics and aailability periods
@ 'uperisor or position hierarchy to use for bud*ets
@ Dates on hich performance ratin*s or Eob chan*es become effectie
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Plan Enrollment Requirements
+, -otal Compensation # Pro*rams and Plans # Plan $nrollment(e?uirements
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Module Objectives
Plan &efinition' Types and (ears
Plan Enrollment Requirements
Life Events
Eligibility Profiles
Total Compensation Statement
Compensation or!benc" for Managers #$dministrators
Profile Options for C%
Perform %udgeting
Manage Promotion and Rating
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Standard Rates
Overvie)
@ 4sed to display calculations to help the mana*er or to allo input
from the mana*er to complete a calculation
@ 9ctiity -ypes determine ho the standard rate is used by C/& andhere the information ill be displayed
@ )any standard rates can be defined for a sin*le comp plan durin*implementation
@ 'tandard (ates are used to record a ariety of compensationamounts such as
@ or!s"eet %udget
@ -he orsheet bud*et is the amount that a mana*er sees on hisher
orsheet to allocate to hisher direct reports.
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Standard Rates@ or!s"eet $mount
@ -his rate is re?uired and represents the amount a mana*er enters on the
orsheet in money or shares. 9ttachin* an element entry to this rate ill
forard this amount to the payroll system.
@ Distribution %udget
@ -he distribution bud*et is the bud*et that a mana*er *ies another mana*er to
further distribute don the reportin* hierarchy.
@%udget Reserve
@ 9 bud*et resere allos mana*ers to hold bac money in a bud*et for later
use. Only if you use bud*ets should this rate be defined.
@ Recommended $mount
@ (ecommended amount help mana*er to distribute the tar*et amount to the
employees@ Eligible Salary
@ $li*ible 'alary is the salary used for C/& calculations
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Standard Rates
+, -otal Compensation # (atesCoera*e Definitions # 'tandard (ates
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Module Objectives
Plan &efinition' Types and (ears
Plan Enrollment RequirementsStandard Rates
Eligibility Profiles
Total Compensation Statement
Compensation or!benc" for Managers #$dministrators
Profile Options for C%
Perform %udgeting
Manage Promotion and Rating
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Life Events
@ 'eeded life eent type
Compensation3
@ Gou must define separate lifeeents for 'alary &onus and'toc plans
@ Aife eents are attached to the
plan enrollment re?uirements@ /hen the plan is processed the
eents are assi*ned directly toeach person
@ +, -otal Compensation #
Heneral Definitions# 9dditional'etup # Aife $ent (easons
Life Events
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Module Objectives
Plan &efinition' Types and (ears
Plan Enrollment RequirementsStandard Rates
Life Events
Total Compensation Statement
Compensation or!benc" for Managers #$dministrators
Profile Options for C%
Perform %udgeting
Manage Promotion and Rating
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Eligibility Profiles
Overvie)
@ $li*ibility profiles are defined to determine employee eli*ibility for
compensation and benefits plans
@ Folloin* -ab (e*ions are present to define the eli*ibility.@ Personal@ $mployment@ Deried Factors
@ (elated Coera*e@ Other
@ /hen you define more than one alue for a criterion at least one ofthe alues must be present in the person=s record for them to beeli*ible. "oeer hen you use multiple criteria in an eli*ibility profile+for e;ample a /or Aocation and an Or*anization, the person mustmeet at least one alue for each criterion.
@ &$7 $li*ible Profile (ule profile controls the 9D –O( rules beteenmultiple eli*ibility defined for a plan.
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Compensation # Heneral Definitions # $li*ibility Profiles # Participant
Eligibility Profiles
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Module Objectives
Plan &efinition' Types and (ears
Plan Enrollment RequirementsStandard Rates
Life Events
Eligibility Profiles
Compensation or!benc" for Managers #$dministrators
Profile Options for C%
Perform %udgeting
Manage Promotion and Rating
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Total Compensation Statement
Overvie)
@ -otal Compensation 'tatements is used to communicatecompensations reards and benefits to your employees andcontin*ent orers. -hey can use this statement to ie their totalcompensation for a specified period often one year throu*h aneasy%to%use self%serice interface
@ Compensation administrator or an "( professional can ieemployee statements before you mae the statements aailable toemployees
@ 9dministrator can print statements for *roups of employees at asin*le time. -he enhanced printin* ability enables to efficiently printand distribute -otal Compensation 'tatements to employees ho do
not hae online access
@ !t is I step setup process to *enerate the total compensationstatement for the eli*ible employee.
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Total Compensation Statement
@ I steps to Define the total compensation statement.
@ +, -otal Compensation # -otal Compensation 'etup /izard
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Total Compensation Statement
/elcome Aetter -otal Compensation 'tatement
+, -otal Compensation setup /izard # -otal Compensation statement.
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Module Objectives
Plan &efinition' Types and (ears
Plan Enrollment RequirementsStandard Rates
Life Events
Eligibility Profiles
Total Compensation Statement
Profile Options for C%
Perform %udgeting
Manage Promotion and Rating
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C% for Managers # $dministrators
Roles and Responsibilities of or!benc" $dministrator
@Creates and !dentifies Plans – Plans ould mean if it3s a &onus $ent or
a 'alary !ncrease $ent
@ 9llocate &ud*ets for )ana*ers. !n short Comp &en 9dmin ould createthe &ud*et allocate it to the respectie )ana*ers and )ana*ers oulddistribute it to the $mployees based on performance
@4pdate employeemana*er information
@4pdate plan information
@(efresh Plan and Person !nformation
@&ac out a Compensation Plan
@Post compensation 9ards to employee records@Close out a compensation orbench plan
@Henerate otification to )ass
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C% for Managers # $dministrators@ C/& 9dministrator can update employee salary proposal and
assi*nment records such as &ase 'alary Pay 9nimalization FactorPlan eli*ibility status orsheet amount eli*ible salary etc.
@ +, "( Professional # Compensation /orbench for 9dministrators #$mployee 9dministration
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C% for Managers # $dministrators@ C/& 9dministrator 9ccess Control under )ana*er information -ab
@ +, "( Professional # Compensation /orbench for 9dministrators
# $mployee 9dministration
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C% for Managers # $dministratorsRoles and Responsibilities of Manager
@ 9llocate the bud*et don the hierarchy
@Proide 9ards shared 'alary increase or assi*nment attributeschan*es to the employee reportin* to him
@ 9pproe the 9ctions of subordinate mana*ers
@+, )ana*er 'elf serice # Compensation orbench
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C% for Managers # $dministrators
@ 9llocation of Compensation to the $mployees
@ +, )ana*er 'elf serice # Compensation orbench
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C% for Managers # $dministrators
@ Compensation 'ummary aailable to the )ana*ers
@ +, )ana*er 'elf serice # Compensation orbench
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Module Objectives
Plan &efinition' Types and (ears
Plan Enrollment Requirements
Standard Rates
Life Events
Eligibility Profiles
Total Compensation Statement
Compensation or!benc" for Managers #$dministrators
Perform %udgeting
Manage Promotion and Rating
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Profile Options for C%
Compensation /orbench proides the folloin* sample confi*urableprofile options
Profile ConfigurableLevels
*alues
"(7 Compensation/orbench
Aicensed
'ite Ges
&$7 C/&'ummary Aeel
'ite 9ll $mployees
&$7 $li*ible Profile(ule
'ite O(
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Module Objectives
Plan &efinition' Types and (ears
Plan Enrollment Requirements
Standard Rates
Life Events
Eligibility Profiles
Total Compensation Statement
Compensation or!benc" for Managers #$dministrators
Profile Options for C%
Manage Promotion and Rating
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Perform %udgeting
Overvie)
@ Compensation /orbench proides to *eneral styles of bud*etin*
@ 9utomatic &ud*etin*7% 4se this type of bud*et if you predetermine
bud*ets prior to *iin* mana*ers access. 9uto%issuin* bud*ets *ies the
compensation professional control oer the amount a mana*er can
allocate to reportin* employees and creates a uniform compensation
distribution across the enterprise
@ (oll%Don &ud*etin*7% 4se this type of bud*et if you predetermine theinitial bud*et only and line mana*ers complete the bud*etin* tas. 9s acompensation administrator you publish the initial bud*et ith thehi*hest%leel mana*er or ith multiple loer mana*ers. )ana*ers roll thebud*ets don the hierarchy by distributin* the bud*et
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@ C/& 9dministrator publish the bud*et the hi*hest leel mana*erhich in turn uses the &ud*et -as to pass it to the belo hierarchy
@ +, "( Professional # Compensation /orbench for 9dministrators# $mployee 9dministration
Perform %udgeting
P f % d i
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Perform %udgeting
@ Hroup "ead (eceies the &ud*et !nformation from the C/& 9dministrator. Hroup "ead plans and allocates bud*ets to thereportin* mana*ers.
@ +, )ana*er 'elf serice # Compensation orbench # 'etbud*et
@ )ana*er uses set bud*et tas to distribute the bud*et to hisher directreportin* mana*er
P f % d ti
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Perform %udgeting
@ &ud*et 9llocation by C/& )ana*er
@ +, )ana*er 'elf serice # Compensation orbench #'et
bud*et
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Module Objectives
Plan &efinition' Types and (ears
Plan Enrollment Requirements
Standard Rates
Life Events
Eligibility Profiles
Total Compensation Statement
Compensation or!benc" for Managers #$dministrators
Profile Options for C%
Perform %udgeting
M P ti d R ti
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Manage Promotion and Rating
@ Compensation /orbench proide the feature to process apromotion or complete a performance ratin* and ranin* in
conEunction ith processin* a pay increase bonus or stoc aard.@ !n case performance mana*ement system is used to mana*e
performance appraisal mana*er can ie complete appraisal detailsdirectly from C/& allocation orsheet.
C"ec!list item for Manager' +n case C% Plan consists of ,ob
C"ange- Promotion and Performance Rating +tem only@ +, )ana*er 'elf serice # Compensation orbench
M P ti d R ti
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Manage Promotion and Rating
@ Job Chan*e Promotion -as
@ +, )ana*er 'elf serice # Compensation /orbench # Job
Chan*e Promotions
M P ti d R ti
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Manage Promotion and Rating
@ Performance (atin* -as
@ +, )ana*er 'elf serice # Compensation /orbench #
Performance (atin*
M P ti d R ti
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Manage Promotion and Rating@ Job Chan*ePromotion and Performance (atin* -as summary
@ +, )ana*er 'elf serice # Compensation /orbench # (eie
and 'ubmit
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AQ&
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Thank You