Professional Documents
Culture Documents
• eBenefits
• Pension Administration
• Stock Administration
• Sales Incentive Management
• Workforce Rewards
• eCompensation
• eCompensation Manager Desktop
Benefits Administration
With Oracle's PeopleSoft Enterprise Benefits Administration, you can build and manage
a comprehensive employee benefits system that is tailored to the particular needs of your
organization, from automated enrollment and billing to the selection of multiple benefit
programs. In addition, PeopleSoft Benefits Administration serves the special needs of
U.S. federal government employers.
Complete Benefits
• Generate reports for frequently requested information and create your own
customized, ad hoc reports for agency-specific requirements.
• Analyze trends in your workforce and study the enterprise-wide impact of your
programs and policies, including various benefits-expense ratios.
eBenefits
Self-Service Benefits
• Provide employees with online access to their benefits programs, including health,
dental, vision, insurance, and savings plans.
• Enable employees to communicate their benefit choices to their organization,
including elections, validations, confirmation statements, and other related
content.
• Ensure that any elections or changes are allowed by your program's rules.
Ease of Use
• Use the Activity Guide tool to walk the user through each of the steps necessary
to complete the process.
• Specify whether each step within an event is optional or required, or structure
them in priority order.
• Automatically launch workflow and approval routing, both within and beyond
enterprise boundaries.
• Use PeopleSoft’s global functionality to ensure that all text, date formatting, and
data elements are appropriate for the employee wherever they are.
• Do business in nine different languages; support for Unicode permits translation
into 200 additional languages.
Pension Administration
• Establish rules for every aspect of your plans, including eligibility, participation,
compensation, vesting, contributions, optional forms of payment, and early
retirement factors.
• Use effective-dating to keep a history of plan provisions.
• Set up rules for special plan provisions, including grandfathered benefits, early
retirement window benefits, minimum benefit formulas, and breaks in service.
• Calculate service by using elapsed time, hours counting, or hours equivalency
methods, which you can establish independently for each plan.
• Maintain service credit accruals and payroll consolidations through periodic batch
updates.
• Run on-demand calculations for individual employees, or schedule large batch
runs for later processing.
• View calculation results online and print worksheets to explain pension benefits
to your employees.
• Track communications, activities, election forms, and verifications.
• Track domestic relations orders (DROs).
Calculate Benefits
• Calculate benefits for all types of pension plans; for all optional forms of
payment; and for past, present, or future dates.
• Produce worksheets with estimates and accrued benefit information for plan
participants.
• Calculate benefits for a group of employees by using an event date alias.
• Enable plan participants to project pension benefits via the Internet by using
PeopleSoft Enterprise eBenefits' Self-Service Estimate Pension function.
Stock Administration
• Define business rules for each stock plan at setup to automate administering
termination and/or leave-of-absence periods and to calculate fair market values
for each plan.
• Create customized vesting schedules and set up restricted stock awards to allow
exercising before vesting.
• Administer fixed and rolling employee stock purchase plan offerings and convert
employee stock purchases in foreign currencies.
• Prorate purchases, provide anti-dilution adjustments, and define a variety of
purchase limits.
• Enable managers to view information about all active grants, along with vesting
details for their direct reports.
• View information as of today's date or enter a past or future date.
• Model potential net gain of exercisable shares, view future vesting, and gain a
graphical view of potential gain.
Sales Incentive Management enables you to align your sales force with corporate
objectives, increasing performance and profits. With Sales Incentive Management you
get the real-time visibility and flexibility required to impact sales behaviors and meet
your goals. It also helps you improve administrative efficiencies and lower costs by
integrating your sales business processes across the enterprise.
Workforce Rewards
The most valuable resources in any organization are the people who make it run. You
rely on the skills your people possess to execute business objectives. Yet, your
competitors are fighting for those very same people, making it increasingly expensive to
continually recruit and train replacement personnel.
Oracle's PeopleSoft Workforce Rewards provides the tools you need to proactively
manage your company's compensation and retention policies. PeopleSoft Workforce
Rewards determines the overall value of your company's compensation package and puts
that information in the context of the overall marketplace to help you build a competitive
compensation strategy. PeopleSoft Workforce Rewards will also identify the best and
brightest employees so you can retain the people your organization needs in order to be
successful.
Market-Based Pricing
Workforce Simulation
Your employees are less likely to be recruited away from your organization if they
understand the true impact of the package you're offering them. Oracle's PeopleSoft
Enterprise eCompensation empowers your employees with a collaborative employee
compensation application that shows their complete compensation package in an intuitive
format—and provides the tools they need to plan their financial futures.
Intuitive Self-Service
• Use the Activity Guide tool to walk the user through each of the steps necessary
to complete the process.
• Specify whether each step within an event is optional or required or structure
them in priority order.
• Automatically launch workflow and approval routing, both within and beyond the
enterprise's boundaries.
• Use PeopleSoft's global functionality to ensure that all text, date formatting, and
data elements are appropriate for the employee, wherever he or she is.
• Conduct business in any of nine languages, or use Unicode support to translate
eCompensation into 200 additional languages.
• Use PeopleSoft's global functionality to ensure that all text, date formatting, and
data elements are appropriate for the employee, wherever he or she is.
• Conduct business in any of nine languages, or use Unicode support to translate
eCompensation Manager Desktop into 200 additional languages.