Oracle Compensation Cloud 2019 Implementation Essentials (1Z0-1049)

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CONTENT

Elements, Balances, and Formulas

  • Manage fast formulas
  • Create element eligibility criteria
  • Describe element classifications
  • Explain deductions
  • Explain earnings

Individual Compensation

  • Explain individual compensation plans
  • Describe variable allocation approvals
  • Configure compensation history
  • Manage personal contributions
  • Configure individual compensation

Total Compensation Statements

  • Explain total compensation statements
  • Manage statement definitions
  • Generate total compensation statements
  • Configure compensation items
  • Set up compensation categories

Base Pay

  • Explain salary basis
  • Describe salary components
  • Manage base pay
  • Set up grade rates
  • Manage Salary Range Differentials
  • Explain Progression Grade Ladders
  • Manage Grade Ladder Groups
  • Perform Progression Processes

Workforce Compensation

  • Explain compensation plan design choices
  • Manage and administer compensation plans
  • Set up plan cycles
  • Configure budget page layouts
  • Configure performance ratings
  • Implement approvals
  • Administer compensation plans
  • Configure plan access
  • Manage compensation change statements
  • Configure compensation worksheets
  • Manage models and budgets

Workforce Compensation Plans and Batch Processes

  • Validate workforce compensation plans
  • Implement compensation processes
  • Execute related batch processes
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