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As a compensation manager, you set up individual compensation distribution (ICD) plans to define the
components of an award or allowance. The line manager uses the self-service interface to assign the
award - setting the start and end date of the distribution - while the back-office maintains control of the
plan's administration. You can set up compensation plans so that hiring or line managers assign benefits
components to applicants when they create or update offers in iRecruitment.
Follow these process steps to set up a variety of plans for ICD and iRecruitment offers, such as:
Sponsored allowances
Resettlement compensation
Severance Payments
Relocation
Sign-on bonus
As a compensation and benefits administrator, you define plans for individual compensation distribution
and iRecruitment using the features of standard benefits or Oracle Advanced Benefits following the
guidelines in these sections.
Define Plans
Define Plans
You set up plans for individual compensation distribution and iRecruitment by defining the
characteristics of the plan and any electable options in the plan. If necessary, you can define participant
eligibility profiles to limit the participants who are eligible for the plan or option.
1. Define the Plan Year start and end dates for the compensation plan. Set up several plan years to
account for future plan years.
o ICD finds all employees and contractors reporting to the manager eligible for the
distribution.
o iRecruitment finds all applicants eligible for the compensation plans defined for
applicant offers.
Note: Set the participant eligibility profile status to active if you define a profile.
1. Set up one or more Plan Types to group the compensation plans you administer.
You can choose to set up a single plan type for all your compensation plans, or you can define multiple
plan types for groupings of plans (Bonus, Allowance, Severance, and others).
Note: You should base the number of plan types you define on your reporting requirements.