Manage Workforce Compensation
We hope you have completed the workforce compensation plan setup as described in our previous posts Demo of Fusion Workforce Compensation Plan Setup – Part 2 and Fusion Workforce Compensation Plan Setup – Part 3 Now it’s time to see how the compensation plan flows.
1. Adjust Budget
In this practice we will open the Budget Pools page as a compensation manager and allocate an initial budget to your compensation plan. Then, we will open the Manage Compensation Models page as a line manager, and create a model that will apply to budget amounts.
Sign is as a Compensation Manager
Navigation : My Client Group » Compensation » Workforce Compensation » Act as a proxy manager (Ensure you have Compensation Manager role)
To manager budget please follow the below steps after clicking on Act as a proxy manager link under the workforce compensation.
1. Above the page header, in the Manager field, select <NAME> that you selected while processing compensation plan, as described in our previous post (Fusion Workforce Compensation Plan Setup – Part 3). If you dont see that person in the list, click on search option and then select that person.
2. Under Tasks section, click on Manage Budgets to open the Budget Pools page.
3. Click on Adjust Budget button to open the Adjust Budget dialog box.
4. In the Budget Pool field, select AP Merit Budget.
6. In the Reason field, select Initial Budget.
7. In the New Percentage of Total Eligible Salaries field, enter 10.
8. Click Save and Close, which causes the Confirmation dialog box to open.
9. Click OK to return to the Budget Pools page.
Sign out as a Compensation Manager
2. Modeling Budget
Navigation : My Team » Workforce Compensation » Click Model
In this exercise you will create a model budget. You can build a global model or use an existing model to distribute budget amounts for the first time based on the model criteria. After you preview the model results, you apply the results as budget amounts to all managers in the model population.
To create a model log in as a manager (preferably top) and follow below steps once you are on Manage Compensation Models page
1. When you are on Models (My Model) page, click on the Create (+) icon.
2. In the Model Name field, enter AP Model.
3. In the Component field, select AP Salary-Merit.
4. Click Continue to open the Create Model: Define Model page.
5. In the Model Properties section Allocation Method field, select Allocate n percent of eligible salary.
6. In the Model Access field, select Share the model with all managers.
7. In the Criteria 1 field, select Years Employed
8. Click Next button. You will be on Create Model: Select Workers page.
9. On the Create Model: Select Workers page, we specify whom to include and exclude from the performance management salary compensation model. In the Show field, select Show managers.
10. Click on Next button. You are on Create Model : Enter Values page.
13. Under percentage of eligible salary, enter values as follows
| Years Employed | Percentage of Eligible Salary |
| 0-5 | 20 |
| 5-10 | 18 |
| 10-15 | 12 |
| 15-20 | 5 |
Note : You may see different values depending on the employee population so you can play around with these values. You can also try to use different criteria and see how they work. Basically we are trying to create a model where workers will get suggested eligible salary based on their years of experience.
14. Click on Next button. You will be on Create Model : Select Purpose.
15. Select Determine Budget Amount and click on Next button.
16. On Review Page click on Next button again.
17. On Create Model : Apply page, click on Save and Apply.
At this point, we have adjusted budgets and created the AP Model model and applied it to budget amounts.
3. Managing Budget
Navigation : My Team » Workforce Compensation » Compensate
Try to complete this exercise by one manager below top manager. You will be on Compensate page. Here you will see all employees manager reporting to you.
1. You will see a column called “Merit Amount”, here you can change the salary of the employee. Just enter some amount for some random employee and take a note of them. You will notice that available budget changes.
2. Navigate to column Compensation Performance Rating – Current and change/give ratings to employee.
3. Click on Save button
Promote Worker
1. In the header section Click the arrow beside compensate and select Promote.
3. Here you can promote employees by selected either Proposed Job or Proposed Grade.
4. Click on Save button.
Submit Worksheet for Approval
Navigation : My Team » Workforce Compensation » Submit for Approval
1. When you are on Workforce Compensation: <Manager Name> page, click on the Submit for Approval button. You can also enter some comment for the manager to approve.
2. As soon as you click on the Submit button, system will give you option to Send Feedback (which we configured earlier.). You my try to explore that also.
Approve Worksheet
Navigation : My Team » Workforce Compensation » Approve
1. Login as a top manager.
2. On this page (Approve), click on the Action Menu and then select Approve.
3. Either you can approve the selected manager or all manager.
4. You can play around with other functionality offered in this page.
4. Managing Active Plans
Navigation : My Client Group » Compensation » Workforce Compensation » Active Plans
In these practices, you change the submit mode and add a currency for active plan, give a worker a bonus outside of the compensation cycle, and run a batch process.
To do all this login as HR specialist and navigate to Active Plans page and follow below steps
1. In the Plans column, click AP Annual Compensation Plan to open the Active Plans: AP Annual Compensation Plan page.
2. In the Plan Properties section Submit Mode field, select All managers must be approved.
3. Select the Currency Conversion Rates tab.
4. On the Rate Details section toolbar, click the Add button.
5. In the To Currency field, select CAD.
6. In the Conversion Rate field for CAD, enter 1.25.
7. Click Save and Close to return to the Manage Active Plans page.
5. Administering Workers
Navigation : My Client Group » Compensation » Workforce Compensation » Administer Workers
In this exercise we will allocate additional bonus of $2000 to a workers. To do this navigate to Administrator Workers page and follow below steps.
1. In the Search section Name search worker name you want to give bonus. Please note that worker should be part of the AP Annual Compensation Plan.
2. Click Search.
3. In the Search Results section Name column, click on workers name to open the Administer Workers: Select Plan page.
4. In the Participating Plans section Plan column, click AP Annual Compensation Plan to open the Administer Workers page.
5. Select the Compensation tab.
6. Select the AP Bonus subtab.
7. In the Award section Bonus Amount field, enter 2000.
8. Click Save and Close to return to the Administer Workers: Select Plan page.
9. Click Done to return to the Administer Workers page.
At this point, you have given a worker a bonus.
6. Running Batch Processes
Navigation : My Client Group » Compensation » Workforce Compensation » Run Batch Processes
In this practice, we will run the Transfer Data to HR process to move the data (compensation) to HR. To do this please follow the below steps on Run Batch Processes page
1. In the Transfer Workforce Compensation Data to HR row, click the Run button to open the Transfer Workforce Compensation Data to HR: Plan Details page.
2. In the Plan field, select AP Annual Compensation Plan.
3. In the Cycle field, select 2021.
4. Click Next to open the Transfer Workforce Compensation Data to HR: Element Details page.
5. In the section header Specific Date field, enter today’s date.
6. In the Bonus Amount (AP Bonus) row Specific Date field, enter today’s date.
7. Click Next to open the Transfer Workforce Compensation Data to HR: Salary Details page.
8. Select Post entries as individual components.
9. Next to the section header Specific Date field, click the Apply to All button.
10. Click Next to open the Transfer Workforce Compensation Data to HR: Stock Details page.
11. Click Next to open the Transfer Workforce Compensation Data to HR: Promotion Details page.
12. To clear the promotion processing, select Post.
13. Click Next to open the Transfer Workforce Compensation Data to HR: Other Details page.
14. Click Next to open the Transfer Workforce Compensation Data to HR: Submit Process page.
15. Click Submit, which causes the Confirmation dialog box to open.
16. Click OK to return to the Run Batch Processes page.
17. Click Monitor Processes to open the Monitor Processes page.
Monitor the status of your process. Click Refresh, as required. Once the process is completed successfully data will be transferred to HR from compensation module.
Compete Fusion Compensation setup
Now we have completed here end to end demonstration of fusion Individual compensation and workforce compensation. I hope you liked it and it has helped you in some way. If you have any question, please do not hesitate to post at Oracle Fusion Questions Forum. I have also written interview questions on Fusion Compensation, which you can check @ Fusion Compensation Interview Questions.
