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Oracle Fusion Cloud 22D (What’s New in HCM UK)
Oracle Absence Management is a configurable and flexible global solution that provides the ability to define both complex and diverse absence plans. Oracle Fusion 22D has added new functionalities to process important Statutory processing rules of Multiple assignments and parental Bereavement Pay and Leave.
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Oracle HRMS (UK) supports country-specific features and functions for the United Kingdom. It enables users to follow the UK’s business practices and comply with its statutory requirements. These processes make sure that the employees get all the benefits they are entitled to in compliance with HMRC.
Process Statutory Absences for Multiple Assignments
The UK Statutory Absences solution supports multiple assignments for Statutory Sick Pay, Statutory Maternity Pay, Statutory Adoption Pay, Statutory Paternity Pay and Sickness During Maternity absences. Oracle 22D updates have enabled you to process statutory absences for maternity, adoption, paternity, and sickness during maternity payments for employees for all their assignments.
Here’s how the enhanced process to calculate entitlements for statutory absences for maternity, adoption, paternity, and sickness during maternity payment works:
1. Aggregate assignments, if they are all on the same Statutory Deductions card
2. Calculate the average weekly earnings using the appropriate payment information for the aggregated assignments
When you run the payroll process (including retro), the application automatically calculates the amounts for all assignments.
1. For aggregated assignments, the payments are split by the employee’s number of assignments.
Example: An employee in a Healthcare company is working on multiple assignments, like a surgeon and a consultant. Hence, the employee can get the payment according to the overtime the employee has performed.
2. For non-aggregated assignments, each qualifying assignment receives an appropriate payment.
Example: Every time a regular basis volunteer appears for testing, the amount/payroll will be sent directly even though the volunteer has multiple assignments
You can safely comply with the statutory processing rule of processing statutory absences for multiple assignments.
Here’s how the enhanced process to calculate entitlements for statutory absences for maternity, adoption, paternity, and sickness during maternity payment works:
1. Aggregate assignments, if they are all on the same Statutory Deductions card
2. Calculate the average weekly earnings using the appropriate payment information for the aggregated assignments
When you run the payroll process (including retro), the application automatically calculates the amounts for all assignments.
1. For aggregated assignments, the payments are split by the employee’s number of assignments.
Example: An employee in a Healthcare company is working on multiple assignments, like a surgeon and a consultant. Hence, the employee can get the payment according to the overtime the employee has performed.
2. For non-aggregated assignments, each qualifying assignment receives an appropriate payment.
Example: Every time a regular basis volunteer appears for testing, the amount/payroll will be sent directly even though the volunteer has multiple assignments
You can safely comply with the statutory processing rule of processing statutory absences for multiple assignments.
Process Statutory Parental Bereavement Pay and Leave
Oracle 22D enables you to process Statutory Parental Bereavement Pay and leave for employees. You can select the absence type for the absence payment as Statutory parental bereavement.
Once the absence is recorded, you can verify that the Average Weekly Earnings are calculated and displayed on the Absence calculation card.
When you run the payroll process (including retro), the application automatically calculates the amounts for aggregated and non-aggregated assignments.
1. For aggregated assignments, the payments are split by the number of assignments.
2. For non-aggregated assignments, each qualifying assignment receives the appropriate payment.
You can verify that the Statutory Parental Bereavement Pay balance results are populated with the appropriate run results.
You can comply with the statutory processing rules for Statutory Parental Bereavement Pay.
Once the absence is recorded, you can verify that the Average Weekly Earnings are calculated and displayed on the Absence calculation card.
When you run the payroll process (including retro), the application automatically calculates the amounts for aggregated and non-aggregated assignments.
1. For aggregated assignments, the payments are split by the number of assignments.
2. For non-aggregated assignments, each qualifying assignment receives the appropriate payment.
You can verify that the Statutory Parental Bereavement Pay balance results are populated with the appropriate run results.
You can comply with the statutory processing rules for Statutory Parental Bereavement Pay.
How PCL can help?
But how to extract the full power of Oracle updates and use in your current system and eliminate any unforeseen errors by performing the necessary testing? Don’t worry. Connect with PCL, a trusted Oracle Service Partner with high experience in performing patch updates of 20+ clients in each quarter with an expert team of 40+ CIPP-certified professionals.
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