Young engineers should be ‘very worried’ about future of Indian IT, says Vineet Nayar
Podcast discussion with Vinner Nayar – Former HCL CEO
Podcast discussion with Vinner Nayar – Former HCL CEO
Q : What is Legislative Data Group in Fusion HCM?
Legislative data groups are a means of partitioning payroll and related data. At least one legislative data group is required for each country where the enterprise operates. Each legislative data group is associated with one or more payroll statutory units. Each legislative data group marks a legislation in which payroll is processed, and is associated with a legislative code, currency and its own cost key flexfield structure.
Q : What are Oracle Fusion Trees?
Oracle Fusion trees are graphical representations of hierarchical data such as the structure of your organization. Oracle Fusion Human Capital Management (HCM) provides predefined tree structures for department, organization, position, and geography trees. You cannot change the predefined HCM tree structures. With the exception of geography trees, you can create multiple trees for each HCM tree type, and multiple versions of each tree. For all HCM tree types, however, only one version of each tree can be active at one time.
Q : If you update an assignment record multiple times in a single day, can you still track the record, if yes how?
For some objects, such as assignments, more than one update per day is maintained by creating a physical record for each update. Such objects include an effective sequence number in each physical record to show the order in which updates made to an object on a single day were applied.
Q : What is Functional Setup Manager or FSM as it is more commonly known as?
Oracle Fusion Functional Setup Manager (FSM) is an application that provides an end-to-end guided process for managing your functional implementation projects throughout the entire implementation life cycle.
Q : What is Enterprise Structure Configurator (ESC) and what are the benefits of using it?
The ESC is an interview-based tool that guides you through the configuration of your enterprise structures. Use the ESC as part of your set up to define the organization structures and job and position structures of the enterprise.
To access ESC, In the Setup and Maintenance work area, select the Establish Enterprise Structures task under the Define Initial Configuration task list.
Benefits of ESC:
• Create all the organizational structures at one time.
• Create multiple configurations to test multiple scenarios.
• Review the enterprise configuration prior to loading it.
• Rollback an enterprise configuration after loading it.
Q : What do you understand by Reference Data Sharing?
In oracle Fusion Reference data sharing facilitates sharing of configuration data such as jobs, grades across business units. It can be understood as buckets of reference data assigned to multiple business units. It helps to reduce duplication and maintenance by sharing common data across business entities where appropriate. In Oracle Fusion Applications reference data sharing feature is also known as SetID. A set, which is available out of the box is called Common Set
In HCM Set enabled objects are: Departments, Locations, Jobs & Grades
Q : What’s the difference between the Watchlist and the Worklist?
Watchlist feature provides a set of shortcuts to items that you want to track or that require your attention. Watchlist is used to see a count for each item and to navigate to the relevant work area where you can view or perform tasks on the item. For example, a Watchlist item is for expense reports awaiting submission. You can see how many expense reports you have created but not yet submitted, and click the Watchlist item link to navigate to the work area where these reports appear.
Whereas Worklist feature presents workflow tasks that require your approval or other action, as well as notifications for you to view. Worklist is used to manage tasks, access their details, or take appropriate action. For example, some managers might see approval tasks for invoices, and select a particular task to approve, reject, or otherwise act on the corresponding invoice.
Q : Could you please list down some of common task used during implementation
Here are few basic and frequently used task
1. Manage Enterprise HCM Information
2. Manage Legal Entity HCM Information
3. Manage Legal Addresses
4. Manage Legal Entity
5. Manage Location
6. Manage Divisions
7. Manage Departments
8. Manage Business Unit
9. Manage Actions
10. Manage Job
11. Manage Grades
12. Manage Profile Options
13. Manage Gallery Portrait
14. Manage Person Types
15. Manage Common Lookups
16. Manage Review Periods
17. Manage Performance Document Types
18. Manage Worker Goal Setting Profile Option Values
19. Manage Worker Goal Setting Lookups
20. Manage Goal Management Notification Settings
P.S. Task names are not case-sensitive
Q : What is distribution threshold in fusion performance management?
When we create Rating Model for performance management we do define Rating Distribution to tell what is the minimum and maximum percentage of worker should fall in each rating level. This is more commonly known as Normalization. Now the Distribution Threshold is a filed to control “Number of eligible workers a manager must have to see distribution target“.
Q : How many sections a performance template can hold and what are those?
An Oracle Fusion Performance Template can hold maximum of six sections, which are given below
1. Competency Section
2. Goal Section
3. Worker Final Feedback Section
4. Manager Final Feedback Section
5. Questionnaire Section
6. Overall Review Section
Q : What are the different absence type patterns available in Fusion Absence Management?
An absence pattern contains a predefined set of rules that you can use as a starting point to create an absence type. The pattern that you select determines whether special fields appear on the absence type pages, as well as the options available to display and process various aspects of absence recording. For example, the Illness or injury pattern displays a field that enables you to select whether the absence type applies for childbirth or adoption placement.
Following are the three patterns available in Fusion Absence Management.
• Illness or injury
• Childbirth or placement
• Generic absence
Q : What are the different plan types available in Fusion Absence Management?
There are three different plan types available in Fusion Absence Management, which are given below:
Use this type to create absence plans that enable workers to accrue time for the purpose of taking paid leave, for example, a vacation plan. Our requirement qualifies for this plan type.
Use this type to create an absence plan where workers qualify for the plan as a result of events, such as long term illness or maternity, and receive payments during the absence period.
Create absence plans of this type to track paid or unpaid absences without maintaining an accrual balance or providing leave entitlements, such as periodic accruals. You can also use plans of this type in combination with a qualification plan. For example, use a no-entitlement plan to pay workers if they are not eligible for a standard maternity absence qualification plan.