Professional Documents
Culture Documents
Release 12
New Feature Summary
December 2016
TABLE OF CONTENTS
REVISION HISTORY ............................................................................................................................................. 3
OVERVIEW ......................................................................................................................................................... 4
COMPENSATION ................................................................................................................................................ 5
COMPENSATION AND TOTAL COMPENSATION STATEMENT ................................................................................................5
View Salary Components ................................................................................................................................................... 5
Route Individual Compensation Approvals Based on Salary .............................................................................................. 5
Workforce Compensation Notification Personalization..................................................................................................... 5
BENEFITS ........................................................................................................................................................... 6
BENEFITS .............................................................................................................................................................................6
Benefits Billing ................................................................................................................................................................... 6
Improved Self Service Benefits Pages ................................................................................................................................ 6
PAYROLL ............................................................................................................................................................ 7
GLOBAL PAYROLL ................................................................................................................................................................7
Calculate Accrual Balances in a Payroll Flow...................................................................................................................... 7
PAYROLL FOR CHINA ...........................................................................................................................................................8
Nontaxable Employee and Employer Contribution Threshhold Amounts ......................................................................... 8
PAYROLL FOR KUWAIT ........................................................................................................................................................9
Social Insurance 2015 Enhancement ................................................................................................................................. 9
Electronic Fund Transfer Template Update ....................................................................................................................... 9
Payroll Cycle Flow Update ................................................................................................................................................. 9
Report 56 Enhancement .................................................................................................................................................... 9
COUNTRY SUPPORT FOR PAYROLL INTERFACE ..................................................................................................................10
France ................................................................................................................................................................. 10
New Calculation Card: Hardship Factor ........................................................................................................................... 10
Statutory Deduction Calculation Card Enhancement ...................................................................................................... 10
Pension and Welfare Calculation Card Enhancement...................................................................................................... 10
REVISION HISTORY
This document will continue to evolve as existing sections change and new information is added. All
updates are logged below, with the most recent updates at the top.
Date
16 JAN 2016
05 DEC 2016
Whats Changed
Oracle Fusion Benefits: Benefits Billing
Notes
Added new feature information
delivered in Rel 12 base release.
Initial Document Creation
OVERVIEW
Oracle HCM Cloud release documents are delivered in five functional groupings:
Suggested Reading for all HCM Products:
HCM Cloud Common Features (This document pertains to all HCM applications. It is the
base human resource information for all products and HCM Tools.)
Global Human Resources Cloud (Global Human Resources contains the base application in
which other application use for common data such as workforce structures and person
information. Regardless of what products you have implemented you may want to see the
new features for Global Human Resources that could impact your products.)
NOTE: Not all Global Human Resource features are available for the base Talent and Compensation stand
alone applications.
Optional Reading for HCM Products (Depending on what products are in your cloud service):
Workforce Rewards Cloud (Compensation, Benefits, Payroll and Global Payroll Interface)
Common Technologies and User Experience (This documents the common features across
all Cloud applications and is not specific to HCM)
NOTE: All of these documents can be found on the Oracle Help Center at:
https://cloud.oracle.com/saasreadiness/hcm under Human Capital Management Release Readiness.
COMPENSATION
COMPENSATION AND TOTAL COMPENSATION STATEMENT
Oracle Fusion 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.
VIEW SALARY COMPONENTS
View salary components from read only pages, such as compensation history, My Information, and My
Team Compensation, when a workers salary basis is configured to use components to itemize the salary
adjustment. Previously, read-only pages did not display components when a workers salary basis used
components.
ROUTE INDIVIDUAL COMPENSATION APPROVALS BASED ON SALARY
Route approvals for individual compensation awards using the attributes of the workers salary record in
the approval rule.
WORKFORCE COMPENSATION NOTIFICATION PERSONALIZATION
Personalize workforce compensation notifications. Administrators can now using the Oracle page
Composer, selectively show and hide various components of the notification, including fields, labels, and
regions. They can also edit labels, colors, and the page layout and add custom text and external links to
the page.
BENEFITS
BENEFITS
Oracle Fusion Benefits is a complete, configurable and flexible global solution that enables organizations
to successfully evolve and adapt to the unique needs of their workforce. The solution enables setup of
traditional 'one-size fits all' plans to highly complex plans that selectively target different workforce
segments with different benefit packages. Self-service capabilities present the user with an out of the
box intuitive guided enrollment process with contextual information and embedded analytics.
BENEFITS BILLING
Enable your benefits administrators to bill retirees, dependents or employees on unpaid leave of
absence directly for benefit plan costs instead of charging through the payroll deduction process.
Prepare and generate charges in bulk or individually, depending on the numbers involved. This flexibility
enables administrators to generate the first charges for an individual. They can then ensure that the
details are correct before handling all subsequent charges via the bulk processes.
Once payment is received you can record payments, including exact payments, under or over payments,
and even several payments against the same bill. The application handles these different scenarios by
subtracting or adding the under or overpaid amounts to the next charges and bill generated. The
application settles the oldest bills first, and the highest cost option, which is most likely Medical, until it
has allocated the payment made fully. You can even record payment without a bill being previously
generated, and make manual adjustments.
IMPROVED SELF SERVICE BENEFITS PAGES
Help participants through the enrollments process more easily. Filters can be configured on train stops
to enable participants to quickly see which plans and options are appropriate to them and hide the ones
that aren't. Information icons are now available in each train stop to enable participants to make more
in-depth enrollment decisions. Participants can also click the Select buttons or the triangular expansion
widgets alongside the plan names to display any additional rates configured to help make selections.
Participants can now more easily designate dependents and beneficiaries when making selections by
making it a clear part of the selection process.
PAYROLL
GLOBAL PAYROLL
Oracle Fusion Global Payroll is a high-performance, graphical, rules-based payroll management
application. Its designed to keep pace with the changing needs of your enterprise and workforce in
order to reduce setup costs, administration, and processing time. It operates globally and consistently in
every country supported by Oracle. It uses a highly scalable processing engine that takes advantage of
the features of the Oracle database for parallel processing, resulting in optimal performance. In
countries with payroll extensions delivered and supported by Oracle, the application delivers the
calculations, tax reporting, and regulatory rules required to accurately process payroll and remain in
compliance.
CALCULATE ACCRUAL BALANCES IN A PAYROLL FLOW
Streamline your end-to-end payroll flow by running the accrual process used by Absence Management
as part of your payroll cycle. Add the Calculate Accruals and Balances task to your existing payroll flow.
This automatic task will begin when the preceding task completes.
Year Concerned
Hardship Factor: Hyperbaric activities, Night time work, Alternative cycle, and Repetitive
work
Number of beneficiaries
10
High Performers Salary Adjustment: Compa-ratio bands of workers by the length of service
in the organization.
Salary Adjustment Trend: Trend of salary adjustment by job, grade, country, and business
unit for the years selected.
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