How Compensation Uses Payroll Elements

Oracle Fusion Global Human Resources, Oracle Fusion Cloud Compensation, and Oracle Fusion Cloud Total Compensation Statement record compensation. They then transfer the compensation to payroll providers, and store custom data at the worker level using payroll elements.

People then link these elements to salary bases, individual and workforce compensation plans, and total compensation statements.

Compensation Object	Element Use
Salary basis	Create element entries that pass salary amounts to payroll.
Individual compensation plan option	Record allocation amounts using the element input values. The element can also decide costing. Create element entries that pass stock grant dates and numbers of shares granted. You can also post stock awards directly to the compensation stock table. Use the Stock Grants task, the integrated workbook, HCM Data Loader, or HCM Spreadsheet Data Loader.
Nonsalary workforce compensation component	Create element entries that the Transfer Workforce Compensation Data to HR process uses to pass the component amount, including lump sums. The process also uses them to pass stock grant dates and numbers of shares granted. You can also post stock awards directly to the compensation stock table. Use the Stock Grants task, the integrated workbook, HCM Data Loader, or HCM Spreadsheet Data Loader.
Total compensation statement	A source of the actual compensation shown for the mapped compensation items.

To hold worker-level data referenced or used in a calculation during a workforce compensation cycle, you can create an information element with multiple input values. Then people configuring workforce compensation plans can use a fast formula to display the element entry values in appropriate worksheet columns.