The standard organizations biggest expense and differentiation is its workforce. As economic state improves and business worldwide looks to recover and reform them, smart workforce management never looks crucial. The present workforce is demanding work experiences mirrors their customer experience and are looking for organizations that will enable data driven and offer differentiated compensation to meet their requirements. Keeping the workforce engaged and reward them correctly contributes to the bottom line of current workforce management.
Labor is usually an organization's largest expense and many companies are not accounting for their labor expenses and observing it to the point of being able to impact the financial problems. There are many organizations that are unaware of the impact unplanned absences are having on their production level and even not good, most of these companies are not tracking or observing when their labors are not present. Oracle offers highly configurable and flexible framework to maintain and observe workforce production and tardy with ease. Oracle pays solution and makes sure efficient payments on time and according to local and global compensation rules. One can easily manage both simple and complex payroll requirements.
Oracle Fusion compensation empowers the companies to inspire, attracts, and retains talent through the strategically plan, allocate, and communicate with fusion compensation. It offers the full solution in the global market. Integration with the complete HCM module means that organizations can tie compensation decisions directly to performance, ensure that employees are paid appropriately, and top most performers are rewarded for their efforts. Enhanced business decisions result from best in class analytics and a total compensation view of an employee or a group of employees at the same time, regardless of their geographic location or pay package components. Rather than making mantle decisions on raises or salaries for new employees, companies can easily access data that will help them to lower costs and offer competitive and better salary packages to new hires and existing employees.
Labor is usually an organization's largest expense and many companies are not accounting for their labor expenses and observing it to the point of being able to impact the financial problems. There are many organizations that are unaware of the impact unplanned absences are having on their production level and even not good, most of these companies are not tracking or observing when their labors are not present. Oracle offers highly configurable and flexible framework to maintain and observe workforce production and tardy with ease. Oracle pays solution and makes sure efficient payments on time and according to local and global compensation rules. One can easily manage both simple and complex payroll requirements.
Oracle Fusion compensation empowers the companies to inspire, attracts, and retains talent through the strategically plan, allocate, and communicate with fusion compensation. It offers the full solution in the global market. Integration with the complete HCM module means that organizations can tie compensation decisions directly to performance, ensure that employees are paid appropriately, and top most performers are rewarded for their efforts. Enhanced business decisions result from best in class analytics and a total compensation view of an employee or a group of employees at the same time, regardless of their geographic location or pay package components. Rather than making mantle decisions on raises or salaries for new employees, companies can easily access data that will help them to lower costs and offer competitive and better salary packages to new hires and existing employees.