This Oracle HCM Cloud: Base Compensation training teaches you how to implement, configure, and use Oracle Fusion Compensation to manage base pay and individual compensation. Explore compensation setup and management tasks through detailed conceptual information, demonstrations, and hands-on activities. Learn To: Define derived factors and eligibility profiles Define elements, balances and formulas Define the configuration options for the HCM employment model Define and create grade rates Create and assign salary bases Define and manage grade step progression Define and manage individual compensation and award various individual compensation Define and manage compensation history Benefits to You By taking this course, you will develop the skills to execute a smooth, rapid implementation of HCM Base Compensation. It also helps you understand the configuration options so that you can make improved decisions during your implementation. Additionally, you create and manage compensation plans, including base salaries and bonuses for your organization.