Oracle Compensation Cloud 2020 Implementation Essentials

Practice and prepare for Oracle Compensation Cloud 2020 Implementation Essentials | 1Z0-1049-20 Exam.

Exam Topics

Elements, Balances, and Formulas

• Manage fast formulas

• Create element eligibility criteria

• Describe element classifications

• Explain deductions

• Explain earnings

Individual Compensation

• Explain individual compensation plans

• Describe variable allocation approvals

• Configure compensation history

• Manage personal contributions

• Configure individual compensation

Total Compensation Statements

• Explain total compensation statements

• Manage statement definitions

• Generate total compensation statements

• Configure compensation items

• Set up compensation categories

Base Pay

• Explain salary basis

• Describe salary components

• Manage base pay

• Set up grade rates

• Manage Salary Range Differentials

• Explain Progression Grade Ladders

• Manage Grade Ladder Groups

• Perform Progression Processes

• Configure Compensation Zones

Workforce Compensation

• Explain compensation plan design choices

• Manage and administer compensation plans

• Set up plan cycles

• Configure budget page layouts

• Configure performance ratings

• Implement approvals

• Administer compensation plans

• Configure plan access

• Manage compensation change statements

• Configure compensation worksheets

• Manage models and budgets

Workforce Compensation Plans and Batch Processes

• Validate workforce compensation plans

• Implement compensation processes

• Execute related batch processes