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From 21A Oracle has enrolled one of the most awaiting features. Oracle came up with a new salary basis type with which components can be calculated and populated automatically.
From 21A Oracle has enrolled one of the most awaiting features. While users were calculating employee’s salary components and filling it manually in the change salary page, Oracle came up with a new salary basis type with which components can be calculated and populated automatically. Helps in flexibly maintaining salary in the exact way you offer it.
Components can be,
All the above component characteristics are packed in a new salary basis type called
“Salary amount is determined by simple components”
User need Compensation Specialist (Job Role) to do this process, or particularly “Manage Salaries” privilege to access “Change Salary” page to manage salary adjustments.
Purpose of columns:
Author: Selvaganesh Somasundaram, Oracle Cloud Consultant
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