Fusion Compensation Workbench (CWB) is a part of Fusion HCM that allows managers and compensation professionals to plan, model, and allocate budgets and awards, on a global basis across multiple currencies. Users can distribute budgets and compensation based on guidelines, see a worksheet view of employees, their performance ratings, and total compensation.
Preview
By the end of this training you will learn to :
- Map market compensation surveys to the jobs and positions you use in your enterprise.
- Implement and administer Compensation Workbench
- Set up and administer Individual Compensation Distributions (ICD)
- Maintain a vehicle repository and allocate company vehicles to employees
- Use absence types, categories, and reasons to track and report employee absences
Course Contents
Day 1
Compensation Management Overview
1 Introduction to Compensation Management
Compensation Roles
Define Compensation Eligibility Profiles
Define Elements
Demo and Exercise
Day 2
Base Pay and Individual Compensation
1. Define and Manage Base Pay
2. Individual Compensation
Demo and Exercise
Day 3
Workforce Compensation Overview
1. Introduction to Workforce Compensation
2. Compensation Budget
3. Configure Compensation Worksheet
4. Linking of Performance Management with Compensation
5. Configuring Compensation Model
Apps2Fusion Articles 