Below are the potential HCM/ Typical HR Activities to manage in the Oracle Fusion HCM Application.
We are having promising faculties to teach Oracle Fusion HCM Training from every corner of the application features from basic to advanced, once attend the demo and enjoy the experience of learning.
2. Below are the potential HCM/ Typical HR Activities to manage in the Oracle Fusion HCM Application.
We are having promising faculties to teach Oracle Fusion HCM Training from every corner of the
application features from basic to advanced, once attend the demo and enjoy the experience of learning.
• Onboarding
• Payroll
• Benefits
• Absence Management
• Workforce Modeling and predictions
• Workforce Directory
• Potential HR Functions
Each activity has its own significance and will walk you through this.
3. Onboarding
The onboarding process gets initiated after the HR team identifies the right
candidate for the right job. In this process, the HR team will introduce the company
policies, values, culture, vision, etc. During this activity, employees will get to know
when did this company establish. Where did it get started (Location)? What are the
company's core strengths such as IT, ITES, etc? This is the foundation step for all
employees who will admire and strive to achieve organizational Goals. In this
program, employees can raise any questions related to company activities and
compliance, etc. The HR team will introduce a management hierarchy with respect to
each department. Based on this, the employee will communicate concerned team to
resolve any queries.
4. Payroll:
Generating employee payroll is a key function of the HR consultant to consider a
lot many factors like company policies/ statutory compliances/ country taxation
policies etc. certainly all these calculations/formulas can be written in the
application according to various scenarios and situations in the Oracle Fusion HCM
Online Training instructor is very capable to explain all these aspects and delivers
the training to accommodate various scenarios of the clients.
This payroll module implementation is key for any successful project delivery
hence all the students have to gain a lot of skill sets through real-time coaching
from experienced instructors.
5. Benefits:
Employer provides additional benefits other than the agreed compensation to all
employees such as Health insurance, Gratuity, Incentives etc. When it comes to
Health insurance, most companies provide insurance to the employee along with
their family members (1+3). In some cases, if an employee wishes to add another
family member to this health insurance, he/she needs to pay an additional
premium. This is an added advantage for all the employees who have more
dependents. The employee will be eligible for Gratuity when they complete service
for more than 5 years. Gratuity is calculated based on the last month salary and the
number of years service. Incentives will be decided based on the employee role.
Employer initiate this incentive program to improve productivity and client
satisfaction. Employees receive this incentive by each month or year. Majority of
the companies insist to improve employee knowledge by undergoing some training
which will be reimbursed based on the company policies. This will enhance
employee skills and produce more than expected results.
6. Absence Management
Does this module talk about how many PTOs (Paid Time Off) can be utilized by
each employee? In general, all employees in one organization follow the same
structure irrespective of designation or department where they worked. However,
it will be different for Consultant and Permanent Employees. The organization
needs to follow government instructions before providing Leaves details with
employees. These PTO’s are broadly categorized into Casual Leaves, Privileged
Leaves, Sick Leaves, Optional Holidays (Self Birthday, Spouse Birthday and
Marriage Anniversary, etc), and Bereavement leaves (this is applicable for
employee’s parents or in-laws' demise). Before employees consume any PTO’s,
he/she needs to take prior approval from either their immediate supervisor or the
HR department.
7. Workforce Modeling and Predictions:
Based on the requirement, organizations hire employees as FTE (Full Time
Employees), Contingent workers (Consultants). After hiring any employee, the HR
team will assign a position and department that they need to work on. When it
comes to the contingent worker, he/she considers a part-time employee and once
the project gets finished, the HR team will assign them to another project.
Otherwise, they will be retired from the organization. In workforce modeling, SLT
(senior leadership Team) identifies who is working on different projects and how
much revenue they are generating from each project, and how much we are
spending (Employee compensation). Based on this information, they can easily
understand the significance of each department's potential strengths and
weaknesses. Before SLT make any changes in the workforce model such as
changing employee department and designation, they will do a what-if analysis.
Does it mean that what will be the expected outcome when we move an employee
from one department to another department? Does it give meaning and full value
to the organization or client? Let’s assume that employee A is working in the same
organization for the last 15 years on different projects. Before the SLT team move
him into a critical project, they will look into his historical performance (Appraisal
ratings) and client feedback and predict his performance in a future project.
8. Workforce Directory
Let’s assume that we wanted to know Mr. Ravi Kishore's details such as where
he is working, his designation, immediate supervisor, and contact information.
In such a scenario, we can’t ask every time to Human resource department to
get these details. Hence, the Human Resource team load all employee-related
information in a system which is called the Workforce directory. By using this
directory, we can easily get to know all employee details. This will be useful for
employees as well. Let’s say an employee is going on vacation, he/she can
update this information in his directory to let others know that will be on leave
from date to To date and contact another person for any quick work. Employees
can acknowledge their colleague's accomplishments. With the help of the
workforce directory, we can easily pull organization charts like Mr. Ravi
Kishore's immediate supervisor and subordinates as well as peers. At the same
time, we can get to know his position and working department.
9. End Note:
If you’re really serious about your carrier shake hands with us and join the most promising Oracle HCM Training with us
from the exceptional senior trainers and upgrade your knowledge to make difference in the emerging world.
Thanks for your time and interest in reading through the whole concept, hope we made an impact! See you next time,
thanks – Tech Leads IT Team.
10. At Tech leads IT, we will teach Oracle Fusion HCM Training each and every topic
theoretically and application based as we are exists in the market for more than 10
years. We have experienced trainers who have completed more than a dozen
implementation projects with 15 years of experience. Once a student enrolled in
this training program, he/she will have the below advantages.
• Daily classes will be recorded and uploaded into the learning portal where we
can access it in mobile and computer
• Instance Access
• Material shared in the Google Drive folder
• Will be adding to a WhatsApp group where students and working professionals
post questions later trainer will provide resolutions
• Trainer will conduct mock interviews and provide constructive feedback
• From the date of the enrollment, we can attend multiple batches within a year
11. Ready to get incubated in
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