The document discusses Oracle's Compensation Workbench product. It provides an overview of the key features of Compensation Workbench, which allow companies to manage total global compensation, enforce guidelines and pay-for-performance policies, and implement flexible compensation strategies. It also covers implementation considerations and frequently asked questions. Customer profiles highlight how Travelport and Genworth Financial have benefited from implementing Compensation Workbench.
Fusion HCM – Real Life Implementation Examples beyond the Hype!OHUG
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This presentation will provide great perspectives for organizations that are looking to adopt Fusion HCM, and will give them great insight into what it really takes to implement Fusion HCM. We will also touch upon some of the tools and options available during implementation, such as reporting tools, integrations tools, and configuration tools.
ITLearnMore.com offers everything you need to boost your IT Career. - Free Video Courses, Live Online Training, Career Guidance, Interview Questions, Practice Exams.
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Some interesting links from us -
http://www.itlearnmore.com/career-guidance/
http://www.itlearnmore.com/it-career-profiles-jobs/
http://www.www.itlearnmore.com/free-online-training-courses/
http://www.www.itlearnmore.com/product-category/practice-exams/
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How do you build an Employee Experience that works for your brand, your employees, and your organization?
Watch this webinar to see why investing in a comprehensive Employee Experience strategy builds engagement more effectively than traditional programs.
Watch now! In this webinar, you will learn how to:
- Define and measure the quality of your company's Employee Experience
- Embed the four pillars of the Employee Experience into your culture
- Encourage employees to opt into their work
- Customize the Employee Experience to the unique needs of your organization
To request a demo, visit www.youearnedit.com/demo
Hsenid HRMS is a leader in HR Solutions, with over 750 clients in 18 industries across 30 countries and hSenid continues to be an innovator…..
Manage the Complete hire-to-retire lifecycle in one simple, easy-to-use system On-Premise or Cloud choose the best that suits you. Hsenid provides the power of choice for their customers.
With Hsenid HR solution engage and empower employees to build competitive organizations that are constantly achieving desired goals. By combining the power of Social HR, Mobility and a new level of Analytics, provide your organization a new dimension of competitiveness to your HR strategy!.
Phil Green - We're migrating to the cloud - Who needs service managementitSMF UK
This presentation explored the importance of service
management in the cloud and explore what is needed to build an operating model for the governance, assurance, and day to day operation of cloud services.
Fusion HCM – Real Life Implementation Examples beyond the Hype!OHUG
Fusion HCM has been around for over 3 years now. Clients are excited about Fusion as it offers unique capabilities and a robust user experience. Organizaations considering implementing Fusion HCM applications are looking for the real life experience from other clients that have done this before. And that is exactly what this presentation offers! We will focus on multiple case studies of clients who have successfully implemented Fusion HCM, as well as clients who are in the middle of an implementation.
This presentation will provide great perspectives for organizations that are looking to adopt Fusion HCM, and will give them great insight into what it really takes to implement Fusion HCM. We will also touch upon some of the tools and options available during implementation, such as reporting tools, integrations tools, and configuration tools.
ITLearnMore.com offers everything you need to boost your IT Career. - Free Video Courses, Live Online Training, Career Guidance, Interview Questions, Practice Exams.
In this PPT, learn more about SAP Success Factors Overview, SAP Success Factors - Product Overview, SAP Success Factors Performance, SAP Success Factors Architecture, SAP Success Factors And SAP Integration etc.
Some interesting links from us -
http://www.itlearnmore.com/career-guidance/
http://www.itlearnmore.com/it-career-profiles-jobs/
http://www.www.itlearnmore.com/free-online-training-courses/
http://www.www.itlearnmore.com/product-category/practice-exams/
The purpose of this webinar is to help understand how Oracle Talent Management can help organizations in identifying, developing, evaluating & retaining its employees, ensure the standard maintenance procedures, define performance measurement systems and how to use cascading of objectives
Webinar: Defining your Employee ExperienceYouEarnedIt
Companies that invest in the Employee Experience are, on average, 4.2 times more profitable than those that don’t, 28 times more likely to be on FastCompany’s innovation list, and 11.2 times more likely to be one of Glassdoor’s best places to work (according to the Harvard Business Review).
How do you build an Employee Experience that works for your brand, your employees, and your organization?
Watch this webinar to see why investing in a comprehensive Employee Experience strategy builds engagement more effectively than traditional programs.
Watch now! In this webinar, you will learn how to:
- Define and measure the quality of your company's Employee Experience
- Embed the four pillars of the Employee Experience into your culture
- Encourage employees to opt into their work
- Customize the Employee Experience to the unique needs of your organization
To request a demo, visit www.youearnedit.com/demo
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Manage the Complete hire-to-retire lifecycle in one simple, easy-to-use system On-Premise or Cloud choose the best that suits you. Hsenid provides the power of choice for their customers.
With Hsenid HR solution engage and empower employees to build competitive organizations that are constantly achieving desired goals. By combining the power of Social HR, Mobility and a new level of Analytics, provide your organization a new dimension of competitiveness to your HR strategy!.
Phil Green - We're migrating to the cloud - Who needs service managementitSMF UK
This presentation explored the importance of service
management in the cloud and explore what is needed to build an operating model for the governance, assurance, and day to day operation of cloud services.
Role of the CFO in Selecting and Implementing Enterprise SolutionsProformative, Inc.
Review the critical role and steps the CFO plays in the decision and implementation of an Enterprise solution to assure that the implementation, investment, and results are successful. Marketing Associates CFO Ryan Russell discusses the process their organization went through to eliminate and consolidate ten disparate legacy systems into a Professional Services Automation solution, which helped drive revenue growth by 34% over three years. In addition to revenue growth Marketing Associates improved operational efficiencies through automation of workflow, reporting metrics, and cash flow.
Speaker: Ryan Russell, CFO, Marketing Associates LLC
Presentation delivered at ProformaTECH 2014 - http://www.proformatech.com
Track: Managing Change | Session: 2
ERP implementation helps with all business processes and areas which includes : CRM, Inventory, Sales, Accounting, Purchase, Manufacturing, HR, Project Management.
Identify the challenges of your Employee Central project. NGA’s SuccessFactors Employee Central Health Check offers you the possibility to quickly secure valid assessment and accurate diagnosis of your system configuration challenges.
Role of the CFO in Selecting and Implementing Enterprise Systems in a Profess...Changepoint
This presentation was originally given at the ProformaTECH Corporate Finance Technology Conference in 2014.
Ryan Russell, CFO, Marketing Associates, LLC discusses the role of the CFO in selecting and implementing enterprise systems in a professional services organization including:
- Exploring New Systems
- Methodology Overview
- Post Implementation / Continuous Improvement
- Dashboards and Analytics
PeopleSoft HCM 9.2 is here! A whole new user experienceEmtec Inc.
Emtec hosted this webinar, which highlights many of the new features, functions and enhancements in PeopleSoft HCM 9.2. Discover how Oracle has simplified processing and increased analytics within the application, leading to increased productivity and an overall improved user experience.
KServeHRMS Professional product covers Employee Database, Employee Life Cycle Management, Leave and Attendance, Payroll, Benefits, Income Tax, Performance Management, HR Administration, Claims and Employee Engamgement self service.
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-> Employee productivity goes up by 5%. Employee Engagement rises. Number of HR executives / employee ratio reduces
-> Full suite HRMS - Built and priced for the Indian market. Don’t pay 2x/ 3x our prices for the product and for consulting services. Compliant to India. Very good at workforce management areas - multinational products are not fully tuned to Indian practices in this area
-> Can be implemented in a modular manner - start small and then add on areas
Functionality of tier 1 products made affordable for smaller organizations - A look at the features indicate the comprehensiveness and integrated nature of the modules. Such functionality and scalability were earlier available only in Tier 1 global products. KServeHRMS makes this affordable for smaller organizations to get the best of both worlds.
Time to benefit much faster due to implementation tools - We provide a number of implementation and upload tools so that your time to implement and benefit is faster. Utilities for loading employee data, leave & attendance data, approval workflow routings via spreadsheet based templates enable you to rapidly complete the implementation process.
Easy to use and understand - HRMS products are comprehensive and often have more than 300 screens worth of functionality. Usability is achieved in KServeHRMS via consistenly. Learn how to use a typical transaction and a typical view, and afterwards all processes are similar and intuitive. We have taken great care in ensuring consistency across the product and hence self learning is relatively easy. The role based configuration also ensures that one role has to see only a few screens and has very little to learn to perform operations.
Proven and reliable product, leveraging later generation technologies - KServeHRMS is proven, reliable and rugged, having been in the market since 2006. In addition you get the benefit of it being contemporary. It was designed for the web, the cloud, and using model based techniques enabling scalability and a long life, even through changes that are required.
Configurable for complex situations - Compliance to rules and laws of a country requires the software to be proven in a large number of situations. KServeHRMS has been in the market since 2006 and hence over the years we have ruggedized the product to handle various compliance conditions needed, as well as ensure accuracy in the process.
In the rapidly evolving landscape of technologies, XML continues to play a vital role in structuring, storing, and transporting data across diverse systems. The recent advancements in artificial intelligence (AI) present new methodologies for enhancing XML development workflows, introducing efficiency, automation, and intelligent capabilities. This presentation will outline the scope and perspective of utilizing AI in XML development. The potential benefits and the possible pitfalls will be highlighted, providing a balanced view of the subject.
We will explore the capabilities of AI in understanding XML markup languages and autonomously creating structured XML content. Additionally, we will examine the capacity of AI to enrich plain text with appropriate XML markup. Practical examples and methodological guidelines will be provided to elucidate how AI can be effectively prompted to interpret and generate accurate XML markup.
Further emphasis will be placed on the role of AI in developing XSLT, or schemas such as XSD and Schematron. We will address the techniques and strategies adopted to create prompts for generating code, explaining code, or refactoring the code, and the results achieved.
The discussion will extend to how AI can be used to transform XML content. In particular, the focus will be on the use of AI XPath extension functions in XSLT, Schematron, Schematron Quick Fixes, or for XML content refactoring.
The presentation aims to deliver a comprehensive overview of AI usage in XML development, providing attendees with the necessary knowledge to make informed decisions. Whether you’re at the early stages of adopting AI or considering integrating it in advanced XML development, this presentation will cover all levels of expertise.
By highlighting the potential advantages and challenges of integrating AI with XML development tools and languages, the presentation seeks to inspire thoughtful conversation around the future of XML development. We’ll not only delve into the technical aspects of AI-powered XML development but also discuss practical implications and possible future directions.
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Monitoring and observability aren’t traditionally found in software curriculums and many of us cobble this knowledge together from whatever vendor or ecosystem we were first introduced to and whatever is a part of your current company’s observability stack.
While the dev and ops silo continues to crumble….many organizations still relegate monitoring & observability as the purview of ops, infra and SRE teams. This is a mistake - achieving a highly observable system requires collaboration up and down the stack.
I, a former op, would like to extend an invitation to all application developers to join the observability party will share these foundational concepts to build on:
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My slides at Nordic Testing Days 6.6.2024
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https://alandix.com/academic/papers/synergy2024-epistemic/
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Oracle Compensation Workbench Webinar
1. <Insert Picture Here>
Am I Maximizing my Oracle HCM Investment?
Oracle Compensation Workbench
Latriece Danley, CPP Principal Product Consultant, Oracle
Jeff Eaton Compensation Practice Manager, KBACE
2. The following is intended to outline our general
product direction. It is intended for information
purposes only, and may not be incorporated into any
contract. It is not a commitment to deliver any
material, code, or functionality, and should not be
relied upon in making purchasing decisions.
The development, release, and timing of any
features or functionality described for Oracle’s
products remains at the sole discretion of Oracle.
4. Compensation Workbench
Compensation Workbench is
a self service tool designed
for managers and
compensation
professionals to PROFILES
plan, model, and allocate
budgets and awards.
It is an integrated component
of the Oracle HCM Solution
5. Key Features of Compensation Workbench
• Manage Total Compensation Globally
• Multiple Compensation Elements (Salary, Bonus, Stock)
• Multiple Currencies
• Multiple Countries
• Enforce Company and Legislative Guidelines
• Define Company Targets and Ranges
• Compensation Administrator User Interface
• Managerial View
• Statistical Reporting for Equity Analysis
6. Key Features of Compensation Workbench
• Drive a Pay for Performance Culture
• Use employee performance measures to determine
rewards
• Flexibility in Implementing your Compensation
Strategy
• Task Oriented User Interface
• Configurable User Interface
• Dynamic Calculations
7. Key Features of Compensation Workbench
• Communicate Total Rewards
• Employee Reward Communications
• Total Rewards Statement
• Avoid integration woes with a complete
solution
• Self Service Delivery model
• Tight integration with Core HR, Talent Management,
Financials, Incentive Compensation, Payroll
9. Implementation Considerations
• What compensation plans are needed?
• Implement all required plans simultaneously
• Implement Salary, Bonus, and Stock as needed
• Which HR data will be used within CWB?
• Determine accuracy of selected data (i.e. Job, Grade)
• Manager verification needed if leveraging Manager Self-
Service
• Prior to Planning Cycle or Roll Out as Read-Only
10. Implementation Considerations
• Performance Ratings
• Displaying ratings in Pay for Performance Plans
• Entering ratings
• Viewing performance distribution
• Planning/Approval Hierarchy
• Leveraging Supervisor hierarchy within Oracle HR
• Using Approvals Management Engine (AME)
• Global Planning
• Involving Compensation / HR users in all geographies from
the beginning
• Reviewing country-specific legislation
11. Implementation Considerations
• Target simple design for the first year
• User adoption and ease of training
• Ability to expand upon functionality in future years
• Consider in initial design
• Involve Senior Management in review of tool
• Prior to final user testing
• Senior Management Suggestions could add value
• Determine training strategy
• Plan in early stages and involve all appropriate parties
• Most customers using CWB chose an online training method
• Oracle User Productivity Kit (UPK) is a user friendly training tool
12. Implementation Considerations
• Use current tool/spreadsheet as model
• Employee-level field design
• Allows for a familiar layout to facilitate requirements-
gathering discussions
• Tasks can begin prior to project start
• Document, document, document!
• Eligible population and identities within Oracle HR
• Proration logic and scenarios
• Budget process and calculations
• As-is process flow
13. Frequently Asked Questions
• How long is a typical implementation?
• Typically 3 to 4 months but can vary
• US only or Global
• KBACE has implemented a Global Salary-only plan in 6 weeks
• What are the product dependencies?
• Employee HR key data fields must be populated and up to
date (i.e. Supervisor, Job, Grade, Salary)
• Does CWB use the Oracle Advanced Benefits
(OAB) module in any way?
• CWB is configured using a subset of the OAB forms
• Consider involving OAB support person
• CWB is a much simpler design than OAB
14. Frequently Asked Questions
• How does the approval workflow work?
• The workflow is defined within the hierarchy for manager approvals
• I have heard customizations in Oracle are not
supported, will I have to customize this
module?
• KBACE has only done a handful of customizations in our 5+ years
of implementing CWB and most of those were in the beginning
years of the module
• What kind of reporting is there?
• CWB is delivered with many seeded reports that can be modified
according to requirements
• Ability to download to Excel for further analysis
15. Customer Success Stories
• Genworth Financial
• Industry: Financial Services
• Size: 7000 Employees
• Reach: Global in 3 business segments
• Feedback:
”CWB vs. Excel...night and day....the cycle from start to finish if it were to be
done manually via Excel would take 2 weeks longer and be much less
accurate and would leave everyone in the dark as their would be no
reporting ability. There is no way Genworth could go back to that, it would
be like the stone ages.
"Compensation Workbench, by far the best Oracle module I have worked
with. The tool offers a tremendous amount of power, flexibility, and
integration along with having the ability to administer the plans from self
service easily makes it a cut above."
16. Customer Success Stories
• Travelport
• Industry: Travel Conglomerate
• Size: 8000 Employees
• Reach: 145 countries worldwide
• Feedback:
“Our use of Oracle’s Compensation Workbench (CWB) module has allowed us to make vast
improvements to our Salary and Bonus administrations processes. Our Compensation and HR
teams used to spend an excessive amount of time collecting, compiling and auditing all the data
needed for our annual bonus and salary processes and we found we still encountered payment
errors due to human error.”
“With the rollout of CWB we were able to eliminate outdated spreadsheets and manual processes
and begin focusing on more value added activities. CWB eased data collection for our
geographically diverse workforce which is spread out across over 45 countries and the built in
currency conversions and reports make it a snap to provide rollup reporting for our groups paid in
multiple currencies.”
“The system’s audit features and system driven calculations make troubleshooting much easier.
Additionally built in data integrity checks allow the Compensation team to be confident that they
are working with accurate information when modeling and analyzing plan data.”
“After utilizing the tool for one full year the time saved by the implementation allowed us to
increase the frequency of our bonus payments from annual to semi-annual. What had previously
been a hectic time of year that we struggled to get through is now a very predictable event that
allows us to ensure our pay is tied to our employee’s performance.”
17. Key Takeaways
• Manage Total Compensation Globally
• Enforce Company and Legislative Guidelines
• Enforce Pay for Performance
• Flexible Compensation Strategy
• Tightly integrated component of the HCM Suite
• Proven Implementation
• Customer Successes
18. For More Information
http://launch.oracle.com
Pin: HCMCLIENT
http://www.kbace.com/webinars.aspx