Promote fairness and help retain top talent, regardless of location, by using real-time data to create and model compensation plans based on your own unique requirements.
Use modeling to calculate amounts based on relevant criteria to see what the actual cost would be and allocate the final amounts.
Provide managers with the ability to distribute amounts to their directs or all managers in the organization.
Make decisions about compensation plans using connected, relevant employee data from Oracle Cloud HCM.
The Value Index for total compensation management in 2023 finds Oracle first on the list. Companies that place in the top three in any category earn the designation Value Index Leader. Oracle has done so in all of the seven categories.
Guide managers with automatic calculations and alerts that appear when compensation allocations are out of policy.
Drive fairness and equity by enforcing organizational policies at an individual level when making awards.
Make more-informed decisions when distributing rewards by using Oracle HR data, market data, and target amounts.
Recognize your top talent with rewards based on unique requirements, such as Oracle Performance Management measures.
Shorten compensation cycles and make smart decisions with real-time HR data and flexible approval processes.