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Oracle 1Z1-1049 exam, also known as the Oracle Compensation Cloud 2019 Implementation Essentials exam, is designed to test an individual's knowledge and skills in implementing and configuring the Oracle Compensation Cloud solution. 1Z1-1049 exam is intended for professionals who have experience in HR management, compensation management, and payroll management. Successful completion of the exam validates the candidate's ability to implement and maintain the Oracle Compensation Cloud solution within an organization.
Reference: https://education.oracle.com/oracle-compensation-cloud-2019-implementation-essentials/pexam_1Z0-1049
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Individuals who work in HR, compensation and benefits, payroll, and finance can benefit greatly from 1Z1-1049 exam. Through the Oracle 1Z1-1049 certification, they can demonstrate their skills and knowledge in implementation tasks and enhance their value in the workplace. By earning this certification, individuals can showcase their expertise to potential employers and clients, opening up new career opportunities and business ventures.
Oracle 1Z1-1049 Exam Syllabus Topics:
| Section | Weight | Objectives |
| Elements, Balances, and Formulas | 15% | - Define elements and eligibility
- Configure fast formulas
- Manage balances and formula usage
|
| Workforce Compensation | 20% | - Set up access, ratings and approvals
- Design compensation plans and cycles
- Configure worksheets, budgets and models
|
| Individual Compensation | 20% | - Manage compensation history and contributions
- Configure individual compensation plans
- Set up approvals and variable allocations
|
| Workforce Compensation Plans and Batch Processes | 10% | - Execute batch processes and transfers
- Validate and test compensation plans
- Administer plan lifecycle
|
| Base Pay | 20% | - Configure progression grade ladders
- Explain salary basis and components
- Set up grade rates and salary ranges
- Manage salary range differentials
|
| Total Compensation Statements | 15% | - Define statement structure and categories
- Configure compensation items
- Generate and manage statements
|