Cloud Readiness / Oracle Fusion Cloud Compensation
New Feature Summary
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  1. Update 23A
  1. Revision History
  2. Overview
  3. Compensation
    1. Compensation
      1. Compensation Spotlight
        1. Configurable Business Title Switcher in Compensation Info and My Compensation
        2. View Market Composite Details in Compensation Info
      2. Salary
        1. Include Document Records in Salary Proposals
        2. Validate Your Salary Approval Processes
      3. Individual Compensation
        1. View Individual Compensation Input Value Details in Individual Compensation Sections and on Pages
        2. Check Integrity of All Individual Compensation Plans Introduction
        3. Validate Your Individual Compensation Approval Processes
        4. Action in Transaction Design Studio is Corrected to Individual Compensation
      4. Workforce Compensation
        1. New Budget Validation Options When Allocating Compensation
        2. Filter Workforce Compensation Worksheet Setup Columns
        3. Include Allocations of 0 in Summary Totals
        4. Create Optional Standard Component as a Part of Workforce Compensation Transfer
        5. Removal of Defaulted Column Configuration
        6. View Grade Step Changes In Promotion Counts
        7. Use Grade Step Values in Compensation Change Statements
        8. View Additional Person Information On Worker Statement Actions Report
      5. Grade Step Progression
        1. Graphical Salary Range and Salary Range Differentials Display in Grade Step Progression
        2. Default Salary from Grade Ladder When There's a Future Salary Record
        3. Grade Step Progression Diagnostics
      6. Total Compensation Statement
        1. Total Compensation Statement: Payroll Balance Enhancements
      7. Market Data
        1. Market Data: View Market Composites Chart
        2. Market Data: New Location HSDL for Composites
    2. Transactional Business Intelligence Enterprise for Compensation
        1. New Duty Role to Secure the Individual Compensation Subject Area
        2. Reporting on Internal Child Job Details Associated to the Survey Data Benchmark Job
        3. New Metric to Report on Prior Salary Based on Comparable Salary Frequency

Update 23A

Revision History

This document will continue to evolve as existing sections change and new information is added. All updates appear in the following table:

Date Module Feature Notes
02 DEC 2022     Created initial document.

Overview

HCM Cloud applications have two types of patches you can receive that are documented in this What’s New:

  • Release Updates (23A, 23B, 23C, and 23D)
  • Optional Monthly Maintenance Packs to each update

It is important for you to know what Release Update your environment is on. You can find this in your Cloud Portal.

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HAVE AN IDEA?

We’re here and we’re listening. If you have a suggestion on how to make our products better, please let us know. To enter an idea go to the Ideas Lab on Oracle Customer Connect. In this document wherever you see the light bulb icon after the feature name it means we delivered one of your ideas.

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Suggested Reading for all HCM Products:

  • HCM Common What's New- In this What's New you will find feature that are used across applications.
  • Human Resources What’s New – In the Global Human Resources section you will find features on the base application in which other application are built upon.

NOTE: Not all Global Human Resource features are available for Talent and Compensation products.

DISCLAIMER

The information contained in this document may include statements about Oracle’s product development plans. Many factors can materially affect Oracle’s product development plans and the nature and timing of future product releases. Accordingly, this Information is provided to you solely for information only, is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described remains at the sole discretion of Oracle.

This information may not be incorporated into any contractual agreement with Oracle or its subsidiaries or affiliates. Oracle specifically disclaims any liability with respect to this information. Refer to the Legal Notices and Terms of Use for further information.

Compensation

Compensation

Oracle Compensation enables your organization to plan, allocate, and communicate compensation using the most complete solution in the market. Make better business decisions using embedded analytics and a total compensation view of workers, regardless of geographic location or pay package components.

Compensation Spotlight

Configurable Business Title Switcher in Compensation Info and My Compensation

Identify the appropriate assignment easily by using the REST list of values for Business Title. You can also configure additional attributes for display and search.

View Market Composite Details in Compensation Info

View market composite details in the Compensation Info action. Based on market composite setup you can view the details for the job or position, and location or segment. For example, for the job and location of the person you can view the composites and details that are applicable.

Salary

Include Document Records in Salary Proposals

Attach supporting document records while submitting responsive salary proposals of Change Salary and Salary History actions. Approvers can review the attachments while they're deciding whether to approve or reject the proposal. After approval, the attachments are available in the individual's employment document records.

Validate Your Salary Approval Processes

Validate your salary approval process rules and approver lists for the Manage Salary, Administer Salary, and Salary History processes.

Individual Compensation

View Individual Compensation Input Value Details in Individual Compensation Sections and on Pages

View the input values of the individual compensation proposals in the summary section, without clicking Edit.

Check Integrity of All Individual Compensation Plans Introduction

Check the integrity of all individual compensation plans with a single click. Starting with Update 21A, you could check the integrity of each individual plan. Now you can check it for all plans.

Validate Your Individual Compensation Approval Processes

Validate your individual compensation approval process rules and approver lists for Manage Personal Contribution, Manage Individual Compensation, and Administer Individual Compensation processes.

Action in Transaction Design Studio is Corrected to Individual Compensation

View action name as Individual Compensation while configuring Transaction Design Studio rules. In previous releases, it was showing as Manage Compensation.

Workforce Compensation

New Budget Validation Options When Allocating Compensation

Use new allocation validation options to prevent managers from submitting plans when they're outside of their budget amounts.

Filter Workforce Compensation Worksheet Setup Columns

Use the new filters to filter worksheet setup columns by group, setup configuration, or display name.  Groups include:

  • Personal
  • Alerts
  • Employment
  • Salary Information, and so on.

Setup configuration filters include choices such as:

  • Disabled
  • Enabled
  • With Dynamic Calculations
  • With Default Value, and so on.

Include Allocations of 0 in Summary Totals

Use a new configuration property on the compensation amount columns that counts allocations of 0 in summary totals. 

Create Optional Standard Component as a Part of Workforce Compensation Transfer

Update a person's salary to include an optional standard component that was not part of their current salary record during the Workforce Compensation Transfer Workforce Compensation Data to HR process.

Removal of Defaulted Column Configuration

In creating a new plan, only the Worker Name column is enabled by default for the following task types:

  • Compensation
  • Detail Table Only
  • Promotion
  • Performance

Administrators need to explicitly choose other columns to be displayed in these worksheet tasks.

View Grade Step Changes In Promotion Counts

View grade step changes in promotion reports, summary views and analytics. 

Use Grade Step Values in Compensation Change Statements

Use the new attributes to show people their changed grade steps in compensation change statements.

View Additional Person Information On Worker Statement Actions Report

View person and assignment number in the Worker Statement Actions report in View Administration Reports.

Grade Step Progression

Graphical Salary Range and Salary Range Differentials Display in Grade Step Progression

Visualize current and proposed salaries when reviewing grade step progression results. The detail page includes a graphical display of salary ranges. And ranges are now adjusted when the salary basis configuration includes salary range differentials.

Default Salary from Grade Ladder When There's a Future Salary Record

Complete salary updates in fewer steps. Now, you can default a person's salary from the grade ladder, in HR actions when there's a future salary record.

Grade Step Progression Diagnostics

Find and correct data errors related to grade step progression processes using a new diagnostic test.

Total Compensation Statement

Total Compensation Statement: Payroll Balance Enhancements

Extend your ability to display payroll balances in Total Compensation Statements, by using the additional dimension level period types of Fiscal year to date, Inception to date, and Rolling 12 months.

Market Data

Market Data: View Market Composites Chart

Enhance your experience in View Market Composites with the addition of a chart that provides visual representation of the data.

Market Data: New Location HSDL for Composites

Simplify loading composites with the new HSDL template for loading by location.

Transactional Business Intelligence Enterprise for Compensation

Oracle Transactional Business Intelligence is a real time, self-service reporting solution offered to all Oracle Cloud application users to create ad hoc reports and analyze them for daily decision-making.  Oracle Transactional Business Intelligence provides human resources managers and specialists, business executives, and line managers the critical workforce information to analyze workforce costs, staffing, compensation, performance management, talent management, succession planning, and employee benefits.

Don’t want to start from scratch building a report or analytics? Check out the library of sample reports for all products on Customer Connect on the Report Sharing Center.

New Duty Role to Secure the Individual Compensation Subject Area

Enforce access and reporting on the Compensation - Individual Compensation Real Time subject area with new duty roles.

Reporting on Internal Child Job Details Associated to the Survey Data Benchmark Job

Enhance your reporting on compensation market survey data with the inclusion of the internal child job attributes associated with the benchmark or parent job.

New Metric to Report on Prior Salary Based on Comparable Salary Frequency

Enhance your report on the Salary Details and the Salary History Details subject areas with the addition of a new metric. The metric displays the worker's prior salary in the salary frequency of the specific period.