Oracle Fusion HCM Modules
Here are some of the key Oracle Fusion HCM modules:
Core Human Resources (HR): This module includes features for managing employee records, workforce structures, and organizational hierarchies. It’s the foundation for other HCM modules.
Workforce Compensation: This module allows organizations to define and manage compensation plans, including salary, bonuses, and other forms of compensation.
Talent Management: Talent Management includes several sub-modules, such as:
- Talent Review and Succession Management: Helps in identifying and developing talent within the organization.
- Performance Management: Enables the management of employee performance reviews and goals.
- Career Development: Supports career planning and development activities.
- Learning Management: Allows for the creation and management of training and development programs.
Benefits: This module helps in managing employee benefits programs, including health insurance, retirement plans, and other employee benefits.
Payroll: Oracle Fusion HCM offers a robust payroll module for processing employee pay and related compliance tasks.
Time and Labor: This module helps organizations manage employee time tracking, attendance, and labor costs effectively.
Absence Management: Allows for the tracking and management of employee absences, such as vacation and sick leave.
Recruiting: Helps in the recruitment and hiring process, from job posting to candidate selection.
Workforce Predictions: This module uses machine learning and analytics to provide insights into workforce trends and predictions.
Workforce Health and Safety: This module focuses on employee safety and health, tracking incidents, and compliance with safety regulations.