Once an employee makes their benefit election, rates will be passed to payroll. What rate from benefits enrollment gets sent to payroll?
Once an employee makes their benefit election, the communicated amount from the benefits enrollment process is sent to payroll. This communicated amount is the rate associated with the employee's benefit election and is used to calculate the deductions for the benefit. This rate is sent to payroll along with the relevant information about the employee's benefit election, so that the payroll system can accurately calculate the deductions for the benefit.
https://docs.oracle.com/cd/F13810_02/hcm92pbr29/eng/hcm/hbbn/task_SettingUpBenefitRates-6e7f4e.html
A Manager created several goals for the Customer Success department and learned that she has several new hires that will need to have these goals added to their talent profile as well. At what stage in the Goal Management process are goals assigned to a new hire?
Goals are assigned to a new hire after the applicant life cycle. This is done to ensure that the new hire is aware of the goals they need to accomplish and that they have the necessary resources to do so. Goals can be assigned to a new hire either manually or automatically, depending on the organization's goal management process.
https://docs.oracle.com/en/cloud/saas/talent-management/21d/faugm/goal-plans.html
An HR Specialist has been tasked with creating a Talent Review template. The Specialist understands that a particular department has a high volume of high performers and wants to understand their flight risk. While creating the template, what type of information would be needed on the dashboard?
This will provide the HR Specialist with critical data about the potential for losing high performers and the impact of such a loss, allowing them to make informed decisions about the Talent Review template. Other information that might be needed includes an overview of the department's Talent Score Rating, Potential vs. Performance, Succession Plans and Talent Pools.
https://docs.oracle.com/en/cloud/saas/talent-management/21d/fatrs/talent-review-templates.html
A company is setting up their goal management system and would like to be able to have goals aligned to the employee's performance as well as to the entire company. This ensures that all employees can work toward a common goal. Their IT Manager has confirmed that in Goal Management they are able to manage and track two types of goals. Identify those types of goals.
In Goal Management, organizations are able to set and track two types of goals: individual goals, which are specific to an individual employee, and organizational goals, which are organization-wide goals that all employees should work towards. For example, an individual goal could be to increase sales by a certain percentage, while an organizational goal might be to reduce costs by a certain amount. Reference: Oracle HCM Business Process Foundations Associate Rel 1, Chapter 7 - Goals, page 32.
https://www.oracle.com/human-capital-management/talent-management/goal-management-datasheet/
Which is the first critical path of payroll processing?
The first critical path of payroll processing is to calculate payroll. This involves calculating wages, deductions, and taxes for all employees in the system, taking into account any payroll rules, policies, or other regulations. After calculating payroll, the results can then be archived, payments can be made via Electronic Funds Transfer (EFT), and any prepayments can be calculated.
https://www.oracle.com/human-capital-management/payroll/
