Modules in Oracle Fusion HCM
Oracle Fusion HCM (Human Capital Management) is a comprehensive suite of applications designed to manage various aspects of HR and workforce management. These applications are organized into different modules, each focusing on specific HR functions. As of my last knowledge update in September 2021, here are some of the key modules within Oracle Fusion HCM:
- Global Human Resources (HR): This module includes core HR functionalities such as employee records management, organization structures, job and position management, and personal information management.
- Workforce Compensation: This module allows organizations to manage compensation plans, salary structures, bonuses, and other forms of compensation.
- Talent Management: This includes several sub-modules to manage talent acquisition, performance management, career development, and succession planning.
- Talent Acquisition: Manages the recruitment and onboarding processes.
- Performance Management: Enables goal setting, performance evaluation, and feedback processes.
- Career Development: Assists in employee development planning and training.
- Succession Planning: Helps identify and groom potential leaders within the organization.
- Workforce Predictions and Modeling: This module uses predictive analytics to help organizations plan for workforce changes and understand trends.
- Workforce Health and Safety: Helps track and manage employee health and safety incidents and initiatives.
- Payroll: Handles payroll processing and related functions, ensuring accurate and timely payment of employees.
- Time and Labor: Manages employee time tracking, absence management, and labor rules enforcement.
- Benefits Management: Handles employee benefits administration, including enrollment, eligibility, and benefit plan management.
- Workforce Development: Focuses on employee training, skill development, and learning management.
- Workforce Compensation: Manages compensation plans, salary structures, bonuses, and incentives for employees.
- Workforce Planning: Helps organizations plan their workforce needs based on business strategies and objectives.
- Workforce Lifecycle Manager: This module automates employee lifecycle events, such as transfers, promotions, and terminations.
- Workforce Rewards: Focuses on total compensation planning and analysis.
These modules are designed to work together as part of the broader Oracle Fusion HCM suite, allowing organizations to manage their workforce efficiently and strategically. Keep in mind that Oracle may introduce new modules or update existing ones over time, so I recommend referring to Oracle’s official documentation or reaching out to Oracle representatives for the most current information on Oracle Fusion HCM modules.
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