Termination to Payroll Flow Model

Post on 12-Jul-2016

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Transcript of Termination to Payroll Flow Model

Slide 1April 28, 2023Copyright © 1996, 2010, Oracle. All rights reserved.

Release 12.1

Oracle Business Flow: Termination to Payroll

Not included in Accelerator Offering

HR3241Manage Total Compensation

Payments

• Total compensation payments are managed for issuing employees’ final pay upon termination.

• Includes payout for vacation, special compensation and benefits.

HR1243Administer 3rdParty VendorRelationships

• Employee benefits information is forwarded to the current benefit providers to record continuation or end benefit coverage.

HR3238Maintain

Dependents & Beneficiaries

• Employee’s benefit coverage for spouse/ dependents is continued or ended in the system.

• Dependent and beneficiary information is updated.

HR1232Manage Worker

Termination

• Employee is terminated (voluntary or involuntary), employee retires or has deceased.

• Employee fixed term agreement has ended.

• Agreement with supplier or contractor work/order ends.

HR3233Post

to Payroll

• Employee’s final pay information is posted to payroll, verified /adjusted for payment in the next regular scheduled pay run or planned off–cycle run.

Enterprise Roles

Payroll Administrator

Benefits Analyst

HR Manager

Payroll to Payment

HR1227Administer

Cobra Benefits

• Employee elects or does not elect to continue benefits under COBRA.