Global Transfer in Oracle Fusion HCM

In Oracle Fusion HCM, a “Global Transfer” refers to the process of moving an employee from one employing entity or legal employer to another, typically across different countries or legal entities. It involves the transfer of an employee’s job, employment terms, and payroll details to the new employing entity.

The Global Transfer process in Oracle Fusion HCM involves several steps to ensure a smooth transition for the employee and compliance with legal and HR policies. Here are the key aspects of the Global Transfer process:

1. Initiation: The Global Transfer process is initiated when an organization decides to transfer an employee to a different employing entity or location.
2. Transfer Details: HR administrators or managers initiate the transfer and provide necessary details, such as the new employing entity, effective date of transfer, new job details, and any changes to employment terms.
3. Approval Workflow: The transfer request typically goes through an approval process to ensure that the transfer is in line with organizational policies and legal requirements.
4. Data Updates: The system updates the employee’s work relationship details, job assignment, and payroll information based on the transfer request.
5. Legal and Compliance Checks: The system may perform checks to ensure compliance with employment regulations and tax laws of the new employing entity.
6. Notification: The employee and relevant stakeholders are notified of the upcoming transfer and any associated changes to employment terms.
7. Transfer Completion: On the effective date of the transfer, the employee’s records are updated, and they become part of the new employing entity.
8. Continuous Service: The Global Transfer process should maintain continuous service for the employee, ensuring that their service period is not interrupted.

Oracle Fusion HCM provides a comprehensive Global Transfer module to manage the transfer process effectively. The module streamlines the workflow, ensures compliance with legal requirements, and helps organizations maintain accurate employee records during the transfer process.