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Create a positive, efficient, and compliant employee separation process with Oracle Modern Best Practice by leveraging mobile, social, analytics, and cloud. Accurately finalize payout options and final payments. Empower payroll staff with configurable payroll processing definitions and business-rule modeling to meet unique organizational needs. Quickly analyze workforce trends by store location or department to predict workforce movement, minimize termination costs, and gain actionable intelligence into operational shortfalls to understand how to improve workforce planning. Prevent attrition by understanding turnover factors such as poor attendance record, lack of customer experience, and store management efficiency.
Complete employee separation process, incorporating country-specific regulations.
Gain insight as to why the employee decided to leave, if applicable. Discuss off-boarding matters using a checklist that includes name badge, store and cash register keys, and customer preference logs.
Automate processing and prorate pay due upon termination.
Automatically post final pay to payroll with verification and adjustments for scheduled or off-cycle payroll runs.
Predict future workforce movement and prevent attrition by analyzing turnover factors such as poor attendance record and lack of customer experience. Perform analysis using a variety of exit interview data such as region, job, department, geography, and store location.