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Oracle 1Z1-1049 Exam is designed to test the knowledge and skills of professionals in implementing Oracle Compensation Cloud 2019. 1Z1-1049 exam is aimed at individuals who want to become experts in implementing, configuring, and maintaining compensation structures using Oracle's latest software. It covers various topics such as salary structures, benefits, and bonus programs.

Oracle Compensation Cloud is a cloud-based software solution that helps organizations manage their compensation programs for employees. It provides a comprehensive suite of tools and features that enable organizations to automate their compensation processes, such as salary planning, bonus allocation, and stock grants. The Oracle 1Z1-1049 exam covers a wide range of topics related to Oracle Compensation Cloud, including its features, functionality, and configuration options. By passing 1Z1-1049 exam, you can demonstrate your ability to implement and configure Oracle Compensation Cloud, and help your organization manage its compensation programs more efficiently.

Reference: https://education.oracle.com/oracle-compensation-cloud-2019-implementation-essentials/pexam_1Z0-1049

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Oracle 1Z1-1049 Exam Syllabus Topics:

SectionWeightObjectives
Workforce Compensation Plans30%- Plan Configuration
  • 1. Salary and Stock Components
  • 2. Plan Access and Security
  • 3. Compensation Plan Setup
  • 4. Budget Configuration
  • 5. Worksheet Configuration
  • 6. Compensation Components
Compensation Modeling and Analytics15%- Modeling Features
  • 1. Reporting and Audit
  • 2. Model Workforce Compensation
  • 3. Budget Distribution Models
  • 4. Compensation Analytics
Compensation Cycle Processing20%- Administration Activities
  • 1. Start and Refresh Cycles
  • 2. Allocate Budgets
  • 3. Submit and Approve Transactions
  • 4. Manage Worksheets
  • 5. Transfer Compensation Data
Compensation Statements and Communication10%- Statement Management
  • 1. Compensation Statement Setup
  • 2. Communication and Delivery
  • 3. Statement Generation
Compensation Foundation Setup15%- Compensation Configuration
  • 1. Eligibility Profiles
  • 2. Enterprise Compensation Foundation
  • 3. Fast Formula Usage
  • 4. Lookup and Value Set Configuration
Security and Troubleshooting10%- Security Administration
  • 1. Troubleshooting Compensation Processes
  • 2. Data Security
  • 3. Role-Based Access Control

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