Using Oracle HRMS, you have all the flexibility you need to model your compensation
and benefit packages. You decide exactly what information you want to hold for
compensation management and, if you require it, for payroll processing.
This overview outlines the generic concepts and procedures for setting up
compensation. However, there are additional considerations for salaries, absences and
PTO accruals, benefit plans, collective agreements, and setting up earnings and
deductions for payroll processing. These are covered in other areas.