Once an employee makes their benefit election, rates will be passed to payroll. What rate from benefits enrollment gets sent to payroll?
Once an employee makes their benefit election, the communicated amount from the benefits enrollment process is sent to payroll. This communicated amount is the rate associated with the employee's benefit election and is used to calculate the deductions for the benefit. This rate is sent to payroll along with the relevant information about the employee's benefit election, so that the payroll system can accurately calculate the deductions for the benefit.
https://docs.oracle.com/cd/F13810_02/hcm92pbr29/eng/hcm/hbbn/task_SettingUpBenefitRates-6e7f4e.html
Which part of the Employee Separation process uses employee data to help with the decisions on recruitment, retention, and employee management?
This part of the Employee Separation process involves analyzing employee data to identify recruitment needs, retention strategies, and efficient employee management. This process requires an understanding of workforce trends and current employee data to ensure that the separation process is carried out in a timely and effective manner.
https://education.oracle.com/business-process-training-program-lad
When using Workforce Compensation and creating budgets, your organization wants the budget amounts to be determined by employee eligible salaries for each manager. What budgeting level would you need to select?
Worker-Level budgetingis the correct answer. This budgeting method allows you to determine budget amounts by employee eligible salaries for each manager.
Once an employee makes their benefit election, rates will be passed to payroll. What rate from benefits enrollment gets sent to payroll?
Once an employee makes their benefit election, the communicated amount from the benefits enrollment process is sent to payroll. This communicated amount is the rate associated with the employee's benefit election and is used to calculate the deductions for the benefit. This rate is sent to payroll along with the relevant information about the employee's benefit election, so that the payroll system can accurately calculate the deductions for the benefit.
https://docs.oracle.com/cd/F13810_02/hcm92pbr29/eng/hcm/hbbn/task_SettingUpBenefitRates-6e7f4e.html
Which is the first critical path of payroll processing?
The first critical path of payroll processing is to calculate payroll. This involves calculating wages, deductions, and taxes for all employees in the system, taking into account any payroll rules, policies, or other regulations. After calculating payroll, the results can then be archived, payments can be made via Electronic Funds Transfer (EFT), and any prepayments can be calculated.
https://www.oracle.com/human-capital-management/payroll/
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