A Review of Rewards Management in Oracle HCM
September 19, 2019

A Review of Rewards Management in Oracle HCM

Rao Chenna | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Modules Used

  • Workforce Management

Overall Satisfaction with Oracle HCM Cloud

In fact, other companies to implement Oracle HCM. In most of the companies, they implemented one of the modules of Oracle HCM. I'm mainly involved in helping the customers to implement Reward Management for HR compensation.

Pros

  • The Employee Worksheet is the best one because that is the heart of this module. This is really configurable and the user experience is good.
  • Compensation based Analytics are good.
  • The Total Rewards Statements is one of the best features of this module.
  • The Compensation Modeling feature is also good.

Cons

  • In the worksheet itself, the Manager should be able to see all the information about Budget Vs. Allocation.
  • The worksheet configuration user experience could be improved.
  • Compensation Modeling has more clicks involved. It could be simplified.
  • Most of the companies can easily implement the existing Eligibility rules of Oracle HCM for their rewards management.
  • Most of the customers do not use the pre-built reports. We had to build some custom reports to satisfy the customers.
  • Some eligibility rules need more dimensions.
The user experience is much better with Oracle HCM when compared to Success Factors.
I am more familiar with the Rewards Management module of Oracle HCM. I guess this is more suitable for larger organizations where they also use HCM as their HRIS system.

Oracle Fusion Cloud HCM Feature Ratings

8.3
Employee demographic data
9
Employment history
8
Job profiles and administration
8
Workflow for transfers, promotions, pay raises, etc.
7
Organizational charting
9
Organization and location management
9
Compliance data (COBRA, OSHA, etc.)
Not Rated
Not Rated
Pay calculation
Not Rated
Support for external payroll vendors
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
Not Rated
Approval workflow
Not Rated
Balance details
Not Rated
Annual carry-forward and encashment
Not Rated
9.0
View and generate pay and benefit information
9
Update personal information
9
View job history
9
View company policy documentation
9
Employee recognition
9
Not Rated
Tracking of all physical assets
Not Rated
9.0
Report builder
9
Pre-built reports
9
Ability to combine HR data with external data
9
Integration with other HR capabilities ()
Not Rated
9.0
Performance plans
9
Performance improvement plans
9
Review status tracking
9
Review reminders
9
Multiple review frequency
9
Succession Planning ()
Not Rated
Onboarding ()
Not Rated
10.0
Corporate goal setting
10
Individual goal setting
10
Line-of sight-visibility
10
Performance tracking
10
Recruiting / ATS ()
Not Rated

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