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Oracle Workforce Compensation Cloud 2017 Implementation Essentials – 1Z0 330

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Oracle Workforce Compensation Cloud 2017 Implementation Essentials – 1Z0 330

Is Certification Worth It?

The answer is a resounding YES for IT professionals who are looking to boost their career. While there are no guarantees, certification has been shown to enhance various aspects of an IT professional’s career, including:
• Employability
• Salary
• Job Effectiveness
• Job Satisfaction

Certification Benefit

While the exact figures vary, data consistently show that certified employees earn more than their non-certified peers. Among the 9,500 IT professionals who responded to Global Knowledge 2015 Salary Survey:
• Among IT professionals who are certified, 77% report that they are paid
fairly, and 77% also believe that certifications have impacted their salary.
• Among managers, 76% believe that certification has a positive impact on
“An investment in knowledge pays the best interest.” – Benjamin Franklin


Elements, Balances, and Formulas
  • Manage fast formulas
  • Create element eligibility criteria
  • Describe element classifications
  • Explain deductions
  • Explain earnings
Base Pay
  • Explain salary basis
  • Describe salary components
  • Manage base pay
  • Set up grade rates
Individual Compensation
  • Explain individual compensation plans
  • Describe variable allocation approvals
  • Configure compensation history
  • Manage personal contributions
  • Configure individual compensation
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
Total Compensation Statements
  • Explain total compensation statements
  • Manage statement definitions
  • Generate total compensation statements
  • Configure compensation items
  • Set up compensation categories
Workforce Compensation Plans and Batch Processes
  • Validate workforce compensation plans
  • Implement compensation processes
  • Execute related batch processes

Training Track:  Oracle Workforce Compensation Cloud 2017 Implementation Essentials – 1Z0 330

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