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This Fusion Applications: HCM Compensation training teaches you how to implement, configure, and use Oracle Fusion Compensation to manage base pay, individual compensation, workforce compensation, and total compensation statements. Explore compensation setup and management tasks through lectures, discussions, demonstrations, and hands-on activities.This course is relevant for any customers using Fusion Applications through Release 11.1.7This course is appropriate for both Oracle Cloud and on-premises deployments.Learn To:Define elements, balances and formulas.Create and assign salary bases and award various individual compensation plans.Define eligibility profiles.Configure and manage workforce compensation budgets and models.Define and manage base pay and individual compensation.Configure, validate, view, manage and administer workforce compensation plans.Configure and view total compensation statements.Create one workforce compensation plan, including budgets, worksheets, models reports.Develop, generate and view a total compensation statement.Benefits to YouEnsure a smooth, rapid implementation of Fusion Compensation. Better understand the configuration options so that you can make improved decisions during your implementation. Optimize the set up and efficiently manage total compensation plans, including base salaries, bonuses and equity.Security for Oracle Fusion HCM Oracle Fusion Functional Setup ManagerLearn how Oracle Fusion uses job and data roles, role inheritance and security privileges to secure application functionality and data access. You'll also use Oracle Fusion Functional Setup Manager to plan, configure and implement Oracle Fusion Compensation.Oracle Fusion CompensationThis course will help you understand Oracle Fusion employment models as they relate to compensation. You'll create general eligibility-related objects like derived eligibility criteria and eligibility profiles, as well as payroll-related element objects.
