Prepare to Start a Workforce Compensation Cycle
Administering workforce compensation is an iterative process. It involves preparing for the cycle, administering individuals and workforce compensation plans during the cycle, and closing the cycle. Follow these steps to prepare for the cycle. The tasks are in
unless otherwise specified.Step | Task |
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Identify new features and enhancements released since you last prepared to start a workforce compensation cycle that you want to include in this cycle. | docs.oracle.com > Human Resources > Learn What's New in Your Update |
Determine what configuration changes to make to workforce compensation plans based on feedback survey results from the previous cycle. |
Manager Feedback |
Assess and update eligibility profiles used in the eligibility configurations for the workforce compensation plans and compensation components. | Eligibility Profiles |
Review existing workforce compensation plans and create additional plans for the upcoming compensation cycle, as appropriate.
|
Workforce Compensation Plans |
See how the plan and compensation component eligibility affects the plan worksheet populations. | View Administration Reports > Status and Monitoring > Worker Eligibility Details |