Introducing Salary Components–Simple Component, Incremental Component, Pay Rates based Salary Basis

Likitha Gowda S-Oracle

In the 25R3 release, we have introduced new dimensions for the subject area HCM – Workforce Rewards – Salary Basis: Incremental Components, Simple Components and Salary Basis Pay Rates, that provide detailed information on the various salary basis components.

How do salary components aid in analysing compensation?

The salary components offer granular insights into the elements that make up the salary structure, helping to understand how each component impacts the total compensation. This detailed analysis also allows organizations to make more informed decisions when planning compensation and ensuring fairness across the workforce. Understanding these components helps in identifying trends, optimizing pay structures, and aligning compensation with company goals.

How do I access these new dimensions?

These enhanced dimensions become available once the associated functional area, Salary Basis Snapshots, is activated under Preview Features.

Step 1 : In Oracle Fusion Data Intelligence (FDI), navigate to the Administration console, and click Enable Features.

Step 2 : On the Preview Features tab, under Functional Areas, toggle the Salary Basis Snapshots feature to On.

What changes to expect?

As part of this enhancement, some existing dimensions will be either relocated or decommissioned, as outlined below:

• Salary Ranges: This dimension is moved to the newly introduced subject area dedicated to salary basis setup, HCM – Workforce Rewards – Salary Basis Setup.
• Worker Salary Component Details:  Attributes from this dimension are moved to the new dimension, Incremental Components within the same subject area.
• Facts – Worker Salary Component: The KPIs previously found here will now be available under the facts folder of the new dimension Incremental Components dimension within the same subject area.

The visualization presented below highlights the following (left to right)

1. How do the individual incremental components vary across different departments?
2. How do the simple components change across different business units?
3. Which 20 legal employers have the highest pay rate percentage?
4. How does the median salary impact the salary basis types associated with the salary range differentials across different compensation zones?

Explore the blog to learn more about the additional enhancements introduced in the 25R3 release.

Salary Basis_components.dva