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Annual Bonus

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Summary:

Best strategy for implementing Annual Bonus

Content (required):

I need suggestion that in Oracle HCM Cloud (Fusion) product, we need to setup Annual Bonus for the client, shall we make the it as a Workforce Compensation Plan (in Compensation Module) or configure it as an Individual Compensation Plan(ICP) . What is the best approach? The client doesn't have inhouse Payroll in Oracle Cloud HCM. Thanks

Version (include the version you are using, if applicable):

Oracle HCM Cloud 21D

Code Snippet (add any code snippets that support your topic, if applicable):

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