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Oracle 1z0-1049-20 exam measures a candidate's knowledge in areas such as compensation plan design, plan administration, reporting and analytics, and integration with other Oracle Cloud solutions. Candidates who pass 1z0-1049-20 exam are recognized as experts in compensation management and are qualified to lead compensation initiatives within their organizations.

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Earning the Oracle 1z0-1049-20 certification can help you demonstrate your expertise in implementing and configuring Oracle Compensation Cloud. It can also help you advance your career and increase your earning potential. If you're interested in taking the exam, Oracle offers a variety of resources to help you prepare, including training courses, practice exams, and study guides.

Reference: https://education.oracle.com/oracle-compensation-cloud-2020-implementation-essentials/pexam_1Z0-1049-20

Oracle 1z0-1049-20 Exam Syllabus Topics:

SectionWeightObjectives
Elements, Balances, and Formulas15%- Explain earnings and deduction elements
- Manage balances and formulas
- Describe element classifications
Total Compensation Statements10%- Set up compensation categories
- Define statement templates and items
- Generate and publish statements
Base Pay Setup20%- Manage compensation zones
- Define salary basis and components
- Configure progression grade ladders
- Set up grade rates and salary ranges
Individual Compensation Configuration20%- Manage personal contributions
- Set up variable allocation and approvals
- Configure compensation history
- Define individual compensation plans
Validation & Batch Processes10%- Validate plan configurations
- Run batch compensation processes
- Monitor and troubleshoot cycles
Workforce Compensation Plans & Administration25%- Design compensation plan structures
- Implement approval workflows
- Configure worksheets, budgets and models
- Administer compensation change statements
- Set up plan cycles and eligibility

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