Here are key components and aspects of Oracle HCM software:

1. Core HR: The core HR module serves as the foundation for Oracle HCM software. It includes features for managing employee records, organization structures, workforce modeling, and global HR compliance. Organizations can maintain a centralized repository of employee data.

2. Recruitment and Onboarding: Oracle HCM software provides tools for recruitment and onboarding, enabling organizations to manage the entire hiring process. This includes job posting, candidate tracking, interview scheduling, and new employee onboarding workflows.

3. Talent Management: This module encompasses talent acquisition, performance management, goal setting, career development, and succession planning. It helps organizations identify, nurture, and retain top talent within their workforce.

4. Learning Management: Oracle HCM offers a learning management system (LMS) to create, deliver, and track employee training and development programs. It supports compliance training, skills development, and employee certifications.

5. Compensation and Benefits: Organizations can manage compensation plans, salary structures, and benefit programs within Oracle HCM software. This module ensures competitive compensation packages and benefits for employees.

6. Payroll: The payroll module supports payroll processing, tax calculations, and compliance with payroll regulations in various regions. It can be integrated with external payroll providers to streamline payroll administration.

7. Employee Self-Service: Oracle HCM software provides self-service portals where employees can access and update their personal information, view pay statements, request time off, and perform other HR-related tasks. Managers can also use self-service features for team management.

8. Workforce Analytics: Oracle HCM software offers robust analytics and reporting capabilities, allowing organizations to gain insights into workforce trends, performance metrics, and HR data. Customizable dashboards facilitate data-driven decision-making.

9. Mobile Accessibility: The software is accessible on mobile devices, enabling employees, managers, and HR professionals to perform HR-related tasks and access information on-the-go.

10. Global Compliance: Oracle HCM software is designed to address HR and payroll compliance requirements in multiple countries and regions. It keeps up with changes in labor laws, regulations, and tax codes.

11. Security and Data Privacy: Oracle places a strong emphasis on data security and privacy, ensuring that sensitive HR data is protected and compliant with industry standards and regulations.

12. Integration and Extensibility: Oracle HCM software can be integrated with other Oracle Cloud applications, third-party systems, and custom extensions to meet specific organizational needs and create a unified HR ecosystem.