Learn Oracle Cloud Workforce Compensation
In this article, we will learn about Oracle cloud workforce compensation step by step. Every organization has different ways of compensating their group of workers on an ad hoc basis or periodically such as annually, half-yearly etc. These compensations are not always monetary but other forms of compensations also like stock allocation, perk etc. To compensate larger group of employees an organization needs to release budget and plan the cycle well in advance. These all can be done through fusion workforce compensation plan, which we will cover in detail in this article. As stated earlier workers can also be given compensation based on their performance outside the regular cycle without releasing any budget, this form of compensation is called Individual Compensation, which we have already covered in our previous article Oracle Fusion Individual Compensation Plan Explained With Examples.
Learn Fusion Workforce Compensation With Example
Fusion Compensation is a big module and would not be possible to cover it in a single post so I would break it up in two or more articles to give you as much as information possible. In this article we will only cover the theory and setup of prerequisite items we will need in subsequent posts to define fusion workforce compensation. To understand in and out of fusion compensation lets put the requirement first so that we know what are we trying to achieve.
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