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June 2016
Executive Overview
Use total compensation statements to communicate compensation, rewards and the cost of
benefits in order to provide workers a complete view of the cost of their employment. Most
workers consider compensation to be what they see in their pay checks and do not consider
the indirect compensation they receive in non-cash forms. Total compensation statements can
highlight indirect compensation and help workers realize their true total compensation
package.
Introduction
Total compensation statements are highly configurable. You can define and manage the
design, content, and delivery of statements to fit the need of any company or organization. For
example, you can configure multiple statements based on the needs of each department,
country, or division.
Compensation items represent actual amounts paid to workers or costs incurred by the
company. Items can also be text or date, compensation or information. The source of
compensation items can be payroll elements, payroll balances, benefit balances, external
data or you can use a fast formula to determine the source.
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About Total Compensation Statements
Statement content is defined based on the statement definition. Statement data is based on
a period of time. Define the time period for which statement data is valid and also the date
when workers can view their statements. You can also customize an optional welcome
message for each statement period to explain what workers see in their statements.
Workers can view and print their own total compensation statements while the statements are
available for access. Workers access their own statements from About Me, Personal
Information on the home page.
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About Total Compensation Statements
Statement Components
Statement Periods
A statement covers a specific period of time, which is defined in the statement definition. If
there is more than one statement period available to a worker, the worker can select a different
statement to view from the statement periods list. These statements need not be based upon
the same statement definition. The statement definition controls which statement periods are
available to workers, when they are available and what data can be seen within the start and
end dates.
Legal Employer(s)
If a statement includes information related to more than one legal employer, the legal employer
names appear as a list. The worker can view separate statements for each legal employer as
well as a statement that displays information for all legal employers.
Statement Pages
A statement can include a welcome page, a summary page, and other pages known as
category pages. In the screenshot above, all but the welcome and summary are category
pages. Statements can be flat or hierarchical. An example of a hierarchical statement is one
that includes a Cash Compensation category that includes subcategories such as Bonuses
and Commissions. The categories that appear in the left panel are known as top-level
categories.
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About Total Compensation Statements
Welcome Page
Optional Welcome
You use a rich text editor in the statement definition to author and format a welcome message.
You can include various forms of employee names (e.g. first name, middle name or last name)
in the welcome by using substitution fields.
Summary Page
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About Total Compensation Statements
Optional Summary
A summary page presents a summary of monetary and of non-monetary information. The
statement definition determines the section names, the vertical order of the sections, column
header labels, column order, and which categories appear in the summary. By default, all
monetary and non-monetary categories appear in the summary page. Category names are
links into which the worker can drill to see more details, such as subcategories or detail values.
In addition to a table, each section can display graphs and rich text referred to as ‘descriptive
text’. The summary page is optional.
Category Pages
Categories
Category definitions determine the category names, table column header labels, column order,
graphs, descriptive text, plus the vertical order of the table, graphs and descriptive text. A
category definition determines the subcategories or values that appear in a category page.
You can define categories and include them in more than one statement definition. The
following examples illustrate how categories might appear depending upon their definitions.
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About Total Compensation Statements
Cash Compensation Category with drill links to Bonuses, Commissions and Base Pay
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About Total Compensation Statements
You use a rich text editor to author and format supplemental information which, as illustrated in
the following dialog box, can include links to other sites.
Commissions subcategory
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About Total Compensation Statements
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About Total Compensation Statements
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About Total Compensation Statements
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About Total Compensation Statements
Conclusion
Total compensation statements are highly configurable and help workers realize their true total
compensation package. Use the statements to help motivate and retain your workforce.
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About Total Compensation Statements Copyright © 2016, Oracle and/or its affiliates. All rights reserved.
June 2016
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