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Table of Contents
Table of Contents...........................................................................1 Document Information....................................................................2 Document Scope.............................................................................4
Module Information.......................................................................................................4 Keywords......................................................................................................................4
Create Compensation Plan .............................................................5 Define Plan Details.........................................................................6 Define Plan Eligibility......................................................................7 Page 1 of 26 Oracle Proprietary and Confidential
Fusion Compensation Management Workforce Compensation Plan Setup Define Plan Cycles and Dates..........................................................8 Define Plan Currency.....................................................................10 Restrict Plan Access......................................................................11 Configure Feedback......................................................................12 Define Budget Pools......................................................................13 Configure Budget Display..............................................................14 Configure Compensation Components............................................16 Configure Performance Ratings.....................................................17 Configure Approvals......................................................................18 Configure Compensation Change Statements.................................19 Define Alerts and Errors................................................................20 Configure Worksheet Display.........................................................21 Configure Modeling.......................................................................23 Configure Reports.........................................................................24 Define Report Dimensions.............................................................25 Validate Plan and Initiate Compensation Cycle...............................26
Document Information
Document Scope
Module Information
Business Process Detailed Business Process Activity Pillar Product Compensation Management Define / Administer Compensation Manage Compensation Plans Human Capital Management Fusion Version 1.0
Keywords
FAST, Fusion Application, Create Compensation Plan, Define Plan Details, Define Plan Eligibility, Define Plan Cycles and Dates, Define Plan Currency, Restrict Plan Access, Configure Feedback, Define Budget Pools, Configure Budget Display, Define Compensation Components, Configure Performance Ratings, Configure Approvals, Configure Compensation Change Statements, Define Alerts and Errors, Configure Worksheet Display, Configure Modeling, Configure Reports, Define Report Dimensions, Validate Plan and Initiate Compensation Cycle
5. Click on Create button. You now see the task list which lists all the tasks needed to set up a plan.
3. Click on OK Button. 4. You can duplicate the plan cycle and carry forward all the date to the next year by clicking on the Duplicate button. Page 8 of 26 Oracle Proprietary and Confidential
Fusion Compensation Management Workforce Compensation Plan Setup 5. Enter New Cycle Name. 6. Enter New Cycle Display Name. 7. Enter 12 as the Number of Months to Advance. 8. Click on OK button. 9. Click on Next button to proceed to next task.
Configure Feedback
In this task you can capture an overall rating for the plan as well as compose up to 5 questions that you would like managers to answer when they submit their worksheets. 1. Select Enable Feedback field to Yes if you want manager to provide written feedback to questions. 2. Select Overall Rating field to Yes if you want managers to provide a rating for the compensation cycle. 3. Enter Special Instructions for manager to choose rating. 4. Disable any ratings you do not want to use. 5. Change the Display Names if you want. 6. Enter up to 5 questions you would like answered. 7. Click on Next button to proceed to next task.
2. Click on the Summary tab to configure the columns that appear in the summary section of the budget page. Use the expand icon and check the enable checkbox for the column you want to be included. You can also change the Display Name of the column. 3. Click on Detail table tab to configure the columns that appear in the detail table of the budget page. Use the expand icon and check the enable checkbox for the column you want to be included. You can also change the Display Name of the column. 4. Click on Worker List to configure the columns that appear in the worker list page. Use the expand icon and check the enable checkbox for the column you want to be included. You can also change the Display Name of the column. 5. Click on Action tab to configure the actions that appear in the menu on the budget page. Check the enable checkbox for the action you want to be included. 6. Click on Information tab to compose optional information text that appears at the top of the budget sheet.
Configure Approvals
In this task you configure when managers can submit their worksheets for approval, when they can approve their lower managers worksheets and you can define an alternate approval hierarchy for a given manager other than the one determined by the process when the cycle is started. 1. Select the Approval Mode as Approve any time or Manager must first submit to determine when a manager can approve a lower managers worksheet. 2. Select the Submit Mode as Submit anytime or All Manager must be approved to determine when a manager can approve a lower managers worksheet. 3. Select the Alternate Approval table to define an alternate approval hierarchy for a given manager other than the one determined by the process when the cycle is started. 4. Click on Next Button to proceed to next task.
7. Click the Configure Tab Layout button to configure the worksheet tab layout and action available to manager. 8. Click on the Summary tab to configure the columns that appear in the summary section of the worksheet. Use the expand icon and check the enable checkbox for the column you want to be included. You can also change the Display Name of the column. 9. Click on Detail table tab to configure the columns that appear in the detail table of the worksheet. Use the expand icon and check the enable checkbox for the column you want to be included. You can also change the Display Name of the column. Page 21 of 26 Oracle Proprietary and Confidential
Fusion Compensation Management Workforce Compensation Plan Setup 10. Click on Action tab to configure the actions that appear in the menu on the worksheet. Check the enable checkbox for the action you want to be included. 11. Click on Information tab to compose optional information text that appears at the top of the worksheet.
Configure Modeling
In this task you configure the modeling and the access of modeling to managers and administrator. 1. Select the Enable Modeling field as Yes, if you want to enable modeling. 2. Select the Roles with Model Access as Enable for administrator and manager or Enable for administrator to set the role for which Modeling will be configured. 3. Select Managers Can Create Their Own Models as Yes if you want manager to create their own modeling. 4. In the Allocation Methods table, check the enable checkbox for the Allocation method to be available to manager. 5. Click on Next Button to proceed to next task.
Configure Reports
In this task you configure the reports that can be viewed at any time during the compensation cycle so that managers can analyze their allocations or allocations of their direct reporting managers. 1. Check the Enable checkbox for the reports that you want to be enable to the managers. 2. Proceed to the next task. 3. Click on Next Button to proceed to next task.