Peer-Group Salary Benchmarking Introduction in My Team Compensation Advisor

See how your team members' salaries compare to similar roes in the company using the My Team Compensation Advisor AI agent. With this agent, you can benchmark each reportee's annual full-time salary against a group of peers based on grade, legal employer, and salary currency.

Key features at a glance

• Compares your reportee's salary to those in a peer group
• Shows each reportee's standing in the salary distribution, include median, 25th percentile, and 75th percentile
• Provides insight on if salary is below, at, or above the typical market range for the peer group

How it works, an example

Let's say you manage Emma, a full-time nurse with an N2 grade. Emma earns $500 per week and works for the US legal employer. The agent calculates her full-time annual salary as $26,000. It then finds all other workers with the N2 grade, the US legal employer, and earning in US dollars, and ranks Emma's salary among those peers.

Business benefits: My Team Compensation Advisor offers a clear, simple way to understand and discuss team salaries. Seeing where each person’s pay falls within a peer group makes it easier for managers to:
•    Identify salary gaps
•    Make informed compensation decisions
•    Promote fairness and transparency
Organizations can make sure their pay practices match both internal policies and current market standards. At the same time, they can maintain strong privacy and security protections for worker information. And the manager and organization benefits lead to improved worker satisfaction and better retention.

Steps to Enable and Configure

• Your environment needs to have the appropriate services for Oracle Applications Platform deployed. For more information, see FAQ2521 on My Oracle Cloud Support. 
• Set the site-level profile value to Yes for the Enable Security Console External Application Integration (ORA_ASE_SAS_INTEGRATION_ENABLED) profile option and enable permission groups for the appropriate roles. See Access Requirements for AI Agent Studio.
• To learn how to set up AI agents for Redwood pages, see How do I set up AI Agents for Redwood pages?
• To learn how to create your own agent using preconfigured templates, see Create AI Agents Using Preconfigured Agent Team Templates.

Tips And Considerations

For the agent to provide benchmark results, it has to find at least 10 worker in the peer group and the signed in user's grade can't be the same as the workers in the peer group.

Key Resources

• Create AI Agents Using Preconfigured Agent Team Templates
• Explore AI Agents for Oracle Fusion Cloud Applications
• How do I use AI Agent Studio?

Access Requirements

The agent users view depends on the roles and privileges they’re assigned. To access this agent, an AI studio administrator needs to explicitly grant the appropriates roles. See How can I give users access to AI agents and Access Requirements for AI Agent Studio. 

Custom roles created for line managers need to inherit the privilege:

Function Security Privilege Name / Code	Job Role Name (that newly inherit the privilege)	Details
Use REST Service - Peer Salary Percentiles Read Only CMP_REST_SERVICE_ACCESS_PEER_SALARY_PERCENTILES_RO	Line Manager	This privilege is required to access the compensationPeerSalaryPercentiles REST.