Oracle Compensation
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.
Explore Oracle Compensation
Budget modeling
Worker-level budgeting
Use modeling to calculate amounts based on relevant criteria to see what the actual cost would be and allocate the final amounts.
Manager-level budgeting
Provide managers with the ability to distribute amounts to their directs or all managers in the organization.
Real-time employee data
Make decisions about compensation plans using connected, relevant employee data from Oracle Cloud HCM.
Local and global compensation
Local and global allocation
Allocate and manage various types of compensation such as salary, bonuses, and stock for workers, regardless of their location.
Components of pay
Allocate final amounts with automatically calculated salary components for each employee in different countries.
Embedded analytics
Provide immediate comparisons to budget, pay history, and other industry-standard markers such as compensation ratio.
Dynamic alerts
Define and apply organization-specific rules that enforce manager allocation guidelines and detect anomalies.
Plans based on unique requirements
Flexible plan eligibility
Define eligibility for compensation plans based on various criteria from Oracle Cloud HCM data such as grade and division.
Pay for performance
Incorporate employee performance measures to drive the planning, budgeting, and approval of compensation allocations.
Market data
Compare an employee’s pay to imported market data based on their job or position and their location.
Individual compensation
Create individual plans with eligibility rules, document upload, and approvals to enable employees to claim various allowances.
Visibility into total rewards
Compensation dashboard
Get a holistic view of your compensation strategy by reviewing various criteria such as level, geography, and gender.
Compensation letters
Generate and distribute compensation letters to help managers share new information with employees.
Total compensation statements
Provide employees with full visibility into their total compensation including earnings, equity awards, benefits, and more.
Oracle named the Overall Leader in Ventana's 2023 Value Index for Total Compensation Management
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.
Key benefits of Oracle Compensation
Empower managers to pay smart, no matter where their team is
Guide managers with automatic calculations and alerts that appear when compensation allocations are out of policy.
Embed equity and fair pay into compensation plans
Drive fairness and equity by enforcing organizational policies at an individual level when making awards.
Optimally allocate scarce compensation budgets
Make more-informed decisions when distributing rewards by using Oracle HR data, market data, and target amounts.
Attract, retain, and reward your employees
Recognize your top talent with rewards based on unique requirements, such as Oracle Performance Management measures.
Plan and execute compensation cycles on schedule
Shorten compensation cycles and make smart decisions with real-time HR data and flexible approval processes.
Product Tour—Oracle Compensation
Oracle Compensation
Oracle Compensation delivers a complete compensation solution that supports compliance, promotes fairness, and helps attract and retain top talent. Part of Oracle Fusion Cloud HCM, it uses real-time data to help you create, model, and manage compensation plans based on your own unique requirements.
Model, budget, and allocate compensation
Quickly create plans and model different scenarios for budgets and allocations. Determine employee eligibility for a plan based on any number of criteria from Oracle Cloud HCM data, such as age, grade, division, and length of service. Use worker- or manager-level budgeting or a combination of both.
Acknowledge, reward, and retain top performers
Use measures from Oracle Performance Management to motivate and retain high-performing employees. Set targets or recommended amounts based on an individual’s performance data that managers can reference to ensure rewards are distributed fairly.
Deliver compensation journeys to guide managers
Help educate managers and lead them through a new compensation strategy with guided journeys.
Execute compensation cycles on schedule
Complete compensation cycles on time with flexible approval processes. Structure the approval hierarchy to meet your unique requirements. At each approval level, the manager can review the previous decisions and make changes as necessary before submitting.
Apply policies fairly and consistently
Support pay equity and fair compensation by providing managers with a view of national pay rates, the location allowance, and the recommended or enforced target bonus for each employee. Notify managers when compensation is out of range or when performance is low.
Use market data when allocating rewards
Remain fair and competitive by using imported data from third-party stock and market data providers to inform compensation decisions. Select the fields to import into embedded worksheets
Communicate the full value of each compensation package
Help each employee understand the full value of their individual compensation package, beyond base pay, through their total compensation statement. Ensure transparency by delivering compensation letters to workers when a change to their compensation occurs.
Manage all kinds of allocations and contributions
Empower managers to award compensation to individuals outside of their regular compensation cycle. Manage elements such as allowances, bonuses, donations, and stocks through individual compensation plans.
Grasp the impact of your compensation strategy
Get a holistic view of your compensation strategy by reviewing compensation information across the entire company by level, geography, and gender. Uncover deviations or anomalies by assessing the level of compensation for workers by grade, step, or ladder.
Oracle Compensation customer successes
