Uploaded on Nov 28, 2022
In any business, human resource team plays a key role as this is the main team to hire correct employee for the correct job. Once a new employee hire into an organization, HR team needs to take care of lot of employee related activities from onboarding to retiring. Initial functional configuration are taught in Oracle Fusion HCM Training like — Company Structure creation, Jobs, Departments, Positions, and Employee Grades and so on.
Oracle Fusion HCM Core HR Module
In any business, the human resource team plays a key role as this is the main team to hire the
correct employee for the correct job. Once a new employee hires into an organization, the HR
team needs to take care of a lot of employee-related activities from onboarding to retiring.
Initial functional configurations are taught in Oracle Fusion HCM Training like - Company
Structure creation, Jobs, Departments, Positions, and Employee Grades, and so on.
Below are the key functions performed in the Fusion HCM application as part of the Core
HR Role
Potential HR
Functions:-
Employee Onboarding Process:-
After the employee interview process is completed will provide the offer letter
and later we need to onboard into the organization and in the Oracle Fusion
HCM Application from there will maintain all the employee information it could
be professional information/personal information in our Fusion HCM Core HR
Application.
Later on we have to maintain/manage all our employee’s information in the
Application and we perform the below activities on regular basis
Designation change or Promotion:-
When an employee performing well his project, he/she may get an opportunity to
promote it to next level. This is also called a promotion or change in the
designation. In such scenarios, Project or Operations team inform to HR team with
relevant performance data. Based on this data and project requirement, HR team
will promote him/her to the next level. This will improve employee satisfaction and
put more efforts in his work allocation.
Location or Department Change request:-
If the organization branches exists in multiple locations, the employee would like to switch
from one location to another location. In this case, HR team will look at the employee's
request and see if they can accommodate in another location based on the department
where he works and position availability.
In another scenario where the employee is working in one organization for more than 5
years and working in the Operations domain. Later, the employee upskilled his knowledge
by undergoing the specific IT area such as Oracle Functional (SCM / Finance / HCM). In this
case, HR team will conduct interview with specific department head and identify the
employee potential strength in that particular domain. Before HR team change his
department, they will verify his past performance, CDP (Coaching and Development
program) results, work culture and helping nature. If he/she meeting specific job
requirements, they will change employee department which will be beneficial for both
employee and employer. How to perform all these tasks are explained with good examples
in Oracle Fusion HCM Online Training.
Employee performance and salary
increments:-
In every organization, the employer will measure employee performance and
increase his/her salary based on the company growth and specific department
(Where they work for) revenue. Most of companies called it as either CDP
(Coaching and Development Program) or appraisal. Typically, this will be conducted
on every year either on January or March. Employee performance will be
measured based on the productivity, Quality, client satisfaction etc. Based on the
role, these parameters will differ. Based on the employee performance throughout
the year (considered Average data) and provide the rating 1 to 5 scale (1 being low
and 5 being high). If he/she gets good rating in appraisal such as 4 or 5, they will
get good increments either 10% or 15%.
Exit or Termination policy:-
If there is an entry, it must have an exit as well. Hence, when a person joined in any
organization, he/she will be exit after couple of years or months based on
performance and requirements. There are very rare scenarios that employee work
in same organization till their retirement period occur. If an employee is not
performing well in his/her assigned job roles, HR team will take appropriate action
to get expected results. Many companies follow PIP (Performance Improvement
Plan) methodology. When employee is not meeting expected results, HR team will
put him/her in to PIP and will focus on his performance. Still, if they are not
performing well, HR team will terminate this employee. In another scenario, when
employee gets better opportunity (Salary or designation), they will need to inform
to HR team. Based on the requirement, HR team and specific department will
negotiate with the employee to cancel his resignation. If there is no requirement,
the employee will have to serve notice period (either two or three months) and
resign from his position in the current company.
To maintain all the Core HR activities, organizations must have an integrated application which can be accessed anywhere with the
help of Internet. Oracle has introduced Fusion HCM (Human Capital Management) application in 2011. This is a cloud application
where we can access it anywhere by using internet. Fusion HCM application has lot of advantages for Organizations to generate
and view all employee-related activities. It is built with Artificial Intelligence and Machine learning methodology to predict
employee performance based on his past experience and provide meaning full insights of the data.
When any organization wish to use Oracle Fusion HCM software, they have to
initially implement Oracle Fusion Core HR modules. This is where HR team can
load all employee primary details such as the Employee’s Past experience,
Education details, Personal details such as Gender, Date of Birth, Marital status,
Current location etc. Once these details are loaded in to the application, HR
team will complete the Onboarding process. Hence, Fusion Core HR Activities
are very important. It comprises employee benefits, position, job level,
organization chart etc.
Anyone who has completed Graduation can start learning this Oracle Fusion
HCM. It does not require Coding knowledge as it is related to Application that is
already built by Oracle. After we completed this training, we will be working as
implementation consultants where we need to gather organization
requirements and load them into the oracle Fusion HCM application. There are a
lot of organizations that are using the Oracle Fusion HCM application to manage
and store employee-related activities. Hence, students who have completed
Oracle Fusion HCM Online Training will land jobs within a short period of time.
At Tech leads IT, we will teach Oracle Fusion HCM Training each and every topic
theoretically and application based as we are exists in the market for more than 10
years. We have experienced trainers who have completed more than a dozen
implementation projects with 15 years of experience. Once a student enrolled in
this training program, he/she will have the below advantages.
• Daily classes will be recorded and uploaded into the learning portal where we
can access it in mobile and computer
• Instance Access
• Material shared in the Google Drive folder
• Will be adding to a WhatsApp group where students and working professionals
post questions later trainer will provide resolutions
• Trainer will conduct mock interviews and provide constructive feedback
• From the date of the enrollment, we can attend multiple batches within a year
Ready to get incubated in
Oracle Fusion HCM Training
Lets Start
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