Time and Labour in Oracle Fusion HCM

Time and Labor in Oracle Fusion HCM is a module that helps organizations manage their workforce’s time-related activities, including time tracking, attendance, leave management, and labor cost calculations. It enables accurate recording of employee work hours, absence requests, and other time-related data to ensure compliance with labor regulations and efficient payroll processing.

Key features of the Time and Labor module in Oracle Fusion HCM include:

1. Time Tracking: Employees can record their work hours, including regular hours, overtime, and shift differentials. This information is used for accurate payroll calculation.
2. Absence Management: Employees can request and track their leave and absence, such as vacation days, sick leave, and personal time off. Managers can review and approve these requests.
3. Time Entry Options: Time and Labor supports various time entry methods, including manual entry, clock-in/clock-out, and integration with time clocks and biometric devices.
4. Shift Scheduling: Organizations can create and manage employee work schedules, assign shifts, and handle shift changes seamlessly.
5. Overtime Management: The module can calculate overtime hours and associated costs based on organizational policies and regulations.
6. Labor Costing: Time and Labor helps organizations track labor costs associated with different projects, tasks, departments, or cost centers.
7. Rules and Policies: You can configure rules and policies related to time tracking, leave accrual, and attendance to ensure compliance with labor laws and company policies.
8. Reporting and Analytics: The module provides reporting and analytics capabilities to analyze time-related data, track employee attendance trends, and make informed decisions.

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