Bottom-Line Bonanza

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Vice President
Human Capital Technology and Programs
A Leading Healthcare Payer
This leading healthcare payer has more than 300,000 employees across 33 countries. As one of the largest healthcare companies in the United States, its mission is to help people live healthier lives and to help make the health system work better for everyone. This can be especially hard with the tremendous pressure healthcare payers are under to maintain margins, support an aging population, and meet member expectations. That’s why motivated, well-rewarded employees are central to the company’s success. The company has been a long-time user of Oracle’s PeopleSoft HCM, including a custom-built compensation module. Due to growth and the desire to modernize compensation and business processes, it decided to implement compensation as part of Oracle Workforce Rewards Cloud, utilizing a coexistence strategy with PeopleSoft HR. By standardizing compensation, the organization is more agile than in the past. Managers are also more empowered to make informed decisions using real-time analytics, and the decision-making process has been pushed down further into the organization to the managers who know the employees best. This helps reward and retain employees accurately, impactfully, and at scale, improving the bottom line.
Additionally, human capital partners can focus more on value-added HR activities and less on administrative tasks surrounding the compensation process. HR transformation is much broader than just a system implementation, and the project team relied heavily on a group of change agents to help get key messages to the user populations. The project implementation aligned with a broader HR redesign within the business and the project served as a catalyst in many cases to force the desired changes.
The size, scale, and complexity of the healthcare company’s compensation solution in Oracle HCM Cloud is unique. Additionally, the company is running a daily coexistence process between PeopleSoft and Oracle HCM Cloud with 99.9% accuracy, and can keep up with the large volumes of employee changes that occur in the legacy PeopleSoft system, helping improve the bottom line. This enabled an Oracle Compensation Cloud rollout to nearly 200,000 employees, and is allowing this healthcare company to look at Oracle Global Human Resources Cloud with a connection to Oracle Financials Cloud in the future.
Your Key Takeaways: Flexibility and the Change-Makers
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There can be flexibility in your path to the cloud—it’s not all-or-nothing
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Find your internal influencers and they will help drive adoption and acceptance
This leading healthcare company chose to take a hybrid path to the cloud. Depending on your organization’s size and needs, the path to the cloud isn’t always going to be the same. Upgrading key modules first, whether parts of HR or finance, can be a smart way for larger enterprises to roll out new processes more quickly. This HR leader and her team also had some great collaboration ideas. They identified change agents within their organization who were influential enough to help encourage others to get on board with new ways of working. By standardizing important compensation workflows, managers who were closest to the employees being compensated had more control over and insight into the decisions being made. This clarity is key to the company’s success in using compensation to motivate and retain employees.




