Showing posts with label HCM. Show all posts
Showing posts with label HCM. Show all posts

Thursday, July 9, 2020

Core HR Course Content



 Day# Duration (Hours) Content
 1 2 Hours Introduction to PeopleSoft HRMS Types of tables in PeopleSoft HRMS Set Control Fields and Tablset Control Concept of BUS Unit, Reg Region and Company PeopleSoft Person and Position Model Understanding Establishments
 2 1.15 Hours Understanding Concept of Frequencies and its Setup Understand the concept of: Departments Locations Job Code Salary Admin Plan Grade and Steps Location Defaults
 3 1.36 Hours Setting Up Foundation Tables Departments Locations Job Code Salary Admin Plan Grade and Steps Location Defaults
 4 1.06 Hours Setting Up Foundation Tables Setting up Orgnization Default Jobcodes Citizen Status Name Types Frequencies Rate Code Class and Comp Rate Codes  
 5 2.31 hours Setting Up Salary Plan Setting Up Salary Grade Setting Rate Code Default rules for Compensation Defining Compensation package for group of Employees Comp Rate Code used in Compensation page of Job Data Component Vs Earning Codes used in Additional Pay Component
 6 48 Mins Understanding The Concept of Employee Class Setting Up Employee Class Understanding the Concept of Paygroup Setting Up Paygroup
 7 2 Hours Introduction to Positions How the the data flows from Position Data page to Job Data Page How to Modify position data and what is it's Impact Understanding Biographical Data Understanding Organizational Data Types of Organizational Instances How to create different Organizational Instances Understanding how the Org Instance Number and Employee Record Number change
 8 2 Hours Hiring a Person Understand Job Data Component Employee Class, Full Part Time and Regular Temporary Understanding Employment Data page Understanding Benefit Program Enrollment PeopleSoft Checklists Updating Emergency Contacts and Dependent Information Understanding the Employment Data page
 9 2 Hours How the the data flows from Position Data page to Job Data Page How to Modify position data and what is it's Impact Calculating FTE How to Calculate FTE for Multiple Jobs Updating Bank Accounts Updating Other employee details like Badge, Additional Names etc... Updating dependents, Emergency Contact numbers

 10 2.20 Hours Introduction to Template Based Hires Defining Templates Hiring a Person through TBH Understanding Contract Administration Assigning contracts to employees Updating Contract Information 
 11 1.30 Hours Introduction to Global and Additional Assignments Expats and Impats Concept of Home and Host Records Adding an Host Record
 13,14,153 Hours Overview of Org Chart Viewer with fluid UI Overview of Org Chart viewer without fluid UI Setting up the org chart viewer How to configure /add a custome field in Org Chart viewer Setting up security in org chart viewer
 16 1 Hour Overview of Smart HR template and in 9.2 How to set up Smart HR template Different transactions for which smart HR template can be used

Friday, January 17, 2020

Best way to master any HCM software in just few days


Human Capital Management is a practice for organizations to manage the recruitment, employment and development of company's employees through ERP software's and every company be it small or big follows this practice.This creates ample opportunities both for experienced processionals and freshers seeking career in this domain.

This also creates perfect breeding ground for ERP vendors to develop HCM softwares competing each other to offer best in class technologies and this has resulted into hundreds of HCM softwares currently in the market and they keep coming much more often than ever before. With so many software products in the market, one really finds it very difficult to decide which one to choose and make the career in it hence wandering off the real goal which is to master the domain.

This is simply because people focus too much on the particular software they are working or interested to work instead of looking at the big picture. One can't really learn to work on all of the HCM softwares.

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In my opinion, the best way to master the HCM domain is to focus on learning the domain directly rather than through the ERP Softwares such as ADP, KRONOS, PeopleSoft, Oracle Fusion, Successfactors etc... Lets break it down to simplify more.

HCM domain consists of following components:

Core HR which consists of
  • Recruitment 
  • Workforce Administration
  • Performance Management
  • Career and Succession Planning
  • Compensation Management
Benefits Administration
Time and Labor
Absence/Leave Management
Payroll

Each component represents a business process. For instance, Core HR is for entire workforce administration from hire to exit while Time and Labor is for time management. The core structure of these business processes remain same across countries but some of these such as Payroll  have some country specific elements driven by legislative laws of the particular country. While others such as Performance Management remain same across countries but may differ from one company to another.

Now that you have a bird eye view of the individual business processes under HCM suit, the next thing to do is dissect each one of them and understand their life-cycle which will give you a very clear picture as to how they would be configured in any product. Once we master these processes, it's a matter of just figuring out how they would be facilitated in any HCM software. Most people think that the software drive the business process but it's rather other way around.

Not clear enough ..?  Lets understand with an example.

Consider you want to learn Benefits Administration and have very limited time for it. Lets break it down how you should do it.

Dissect the business process

Benefits Administration process consists of following elements:

  • Plan Types ( Health, Life, Disability, Saving, Retirement etc...)
  • Plans (Dental, Vision, Basic Life, Suppl Life, LTD, STD, 401(k), Pension etc...)
  • Benefit Providers (Companies like United Health Group, Religare, ICICI Prudential etc...)
  • Coverage Amount and it's Calculation formula
  • Premium Rates (Paid by Employee and/or Employer) and its calculation formula
  • Life Events
  • Enrollment Life-cycle

Study each element 

We need to study each element in details and draw a picture as to how they are related to each other
For instance, Life Events is when an employee's family status changes due to an event of marriage or birth of a child. When this occurs, the employee needs to inform their employer about this and upgrade their health coverage to include the new dependent. While reporting the Life Event, employee needs to provide all the details pertaining to the event. The type of details depend on nature of event such as birth or marriage.

How it works in the HCM Software

Now turn to your HCM software and figure out how the business process and it's elements are configured. If a particular HCM software supports the particular business process such as Benefit Administration then it would definitely facilitate the configuration of it. How it does can vary from one software to another. For Instance - PeopleSoft may have multiple pages to setup different elements of business process whereas Workday might have just one to setup all and it really doesn't matter as long as one knows how to do it.
Suppose you have to setup a health plan in the system. The first thing to do is gather all the information about the plan such as, eligibility, coverage and premium calculation, vendor details etc. Then just figure out how all of this will be configured in the system. You need to follow the same strategy for all other modules.