Oracle HCM Cloud: Workforce Compensation Course Overview

Oracle HCM Cloud: Workforce Compensation Course Overview

The Oracle HCM Cloud: Workforce Compensation course is designed to equip learners with comprehensive knowledge and skills for managing compensation programs using the Oracle HCM Cloud solution. The course covers a wide array of topics essential for effectively administering compensation, including understanding the foundational concepts, configuring compensation plans, managing budgets, and handling approvals and statements.

Oracle workforce compensation professionals will learn how to create eligibility profiles, set up global settings, and use derived factors for dynamic compensation calculations. By diving into plan foundations, they will be able to establish robust compensation components and integrate performance ratings seamlessly.

Moreover, the course delves into practical aspects such as worksheet display configurations, alert settings, individual worker displays, and the utilization of models and reports for strategic analysis. Validation and processing plans, administering Oracle HCM compensation, and auditing are also critical components of the curriculum, ensuring that learners are well-versed in maintaining accurate and compliant compensation practices.

Overall, this course is an invaluable resource for HR professionals and consultants looking to master Oracle's robust compensation tools and enhance their organization's talent management strategies.

This is a Rare Course and it can be take up to 3 weeks to arrange the training.

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  • Live Online Training (Duration : 16 Hours)
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  • Live Online Training (Duration : 16 Hours)
  • Per Participant

♱ Excluding VAT/GST

Classroom Training price is on request

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Course Prerequisites

Certainly! Here are the minimum required prerequisites for students who are interested in undertaking training in the Oracle HCM Cloud: Workforce Compensation course:


  • Basic understanding of Human Capital Management (HCM) concepts
  • Familiarity with common HR processes and terminology
  • Experience with using web-based applications
  • Basic knowledge of compensation management principles, such as salary planning, budgeting, and variable pay programs
  • An understanding of the structure and business processes of the organization where Oracle HCM Cloud will be implemented (desirable, but not mandatory)
  • Prior exposure to Oracle HCM Cloud applications or other HRIS systems can be helpful, but is not required

These prerequisites are designed to ensure that participants have the foundational knowledge necessary to effectively engage with the course material and to apply the concepts learned in a practical setting.


Target Audience for Oracle HCM Cloud: Workforce Compensation

The Oracle HCM Cloud: Workforce Compensation course is designed for professionals managing employee compensation structures.


  • HR Compensation Specialists
  • HRIS Analysts
  • Payroll Managers
  • HR Managers and Directors
  • Oracle HCM Cloud Implementation Consultants
  • Talent Management Professionals
  • Financial Analysts involved in employee compensation
  • HR Business Analysts
  • HR System Administrators
  • Human Capital Management Advisors


Learning Objectives - What you will Learn in this Oracle HCM Cloud: Workforce Compensation?

Introduction to Course Learning Outcomes:

The Oracle HCM Cloud: Workforce Compensation course equips students with the knowledge to effectively manage compensation using the Oracle HCM Cloud solution, focusing on configuration, administration, and best practices.

Learning Objectives and Outcomes:

  • Understand the fundamentals of compensation management within the Oracle HCM Cloud environment.
  • Learn how to configure and utilize Derived Factors for targeted compensation decisions.
  • Gain proficiency in creating and managing Eligibility Profiles to define employee qualification criteria for compensation plans.
  • Grasp the global settings that affect the overall operation of the Workforce Compensation module.
  • Develop the skills to establish a Plan Foundation, including base pay, merit increases, and other compensation elements.
  • Master the process of creating and administering compensation budgets within the system.
  • Integrate compensation components with Performance Ratings to align rewards with employee performance.
  • Configure the approvals workflow and generate Compensation Change Statements for transparency and communication.
  • Customize the Worksheet Display to streamline compensation review and adjustment processes.
  • Implement Alerts and configure the Individual Worker Display to enhance user experience and efficiency.
  • Learn to create Models and generate Reports for forecasting, analysis, and informed decision-making.
  • Acquire the ability to conduct Validation and Process Plans ensuring compliance and accuracy in compensation delivery.
  • Understand the principles of administering Workforce Compensation cycles and the tools available for these tasks.
  • Familiarize with Auditing Compensation processes to maintain data integrity and adherence to compensation policies.
  • Identify key Information Resources for ongoing learning and support in managing Oracle HCM Cloud Workforce Compensation.