Learn about the new Oracle AI Agent Studio for Fusion Applications: Watch Now
Progress with Redwood: Redwood Resources for Oracle Cloud HCM - Go Here
Progress with Redwood: Redwood Resources for Oracle Cloud HCM - Go Here
To ensure that questions get required attention from community members and are NOT left unanswered, it’s important for the author to indicate (by selecting “Yes” or “No” when prompted) whether the question was answered. (newly added) Please note that it is also important to respond to EACH comment your question receives. Your Yes or No response ensures an accurate status for your question.
For more information, please refer to this announcement explaining best practices for getting answers to questions.
For more information, please refer to this announcement explaining best practices for getting answers to questions.
Company Loans with low/no interest as a Benefit offering ?
Summary
Has anyone implemented company loans in Oracle FusionContent
Lets say a company offers a low/no interest loan for the Employees for Buying a car.
- Employees need to make a request and get it approved by the manager.
- Employees need to provide the car title document within 30 days of availing the benefits.
- Employees can choose a value till a cap limit of lets say,$10,000.
- For higher grade/seniority,we can have higher cap limit like $15,000 or $20000 etc.
- Employee can choose the tenure between ,lets say 12 month,24 month,36 month and rate will be populated based on the tenure and coverage amount.
2