Termination to Payroll Flow Model
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Slide 1 November 2, 2022 Copyright © 1996, 2010, Oracle. All rights reserved. Release 12.1 Oracle Business Flow: Termination to Payroll Not included in Accelerator Offering HR3241 Manage Total Compensation Payments •Total compensation payments are managed for issuing employees’ final pay upon termination. •Includes payout for vacation, special compensation and benefits. HR1243 Administer 3rd Party Vendor Relationships •Employee benefits information is forwarded to the current benefit providers to record continuation or end benefit coverage. HR3238 Maintain Dependents & Beneficiaries •Employee’s benefit coverage for spouse/ dependents is continued or ended in the system. •Dependent and beneficiary information is updated. HR1232 Manage 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. HR3233 Post 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 HR1227 Administer Cobra Benefits •Employee elects or does not elect to continue benefits under COBRA.
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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.
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