With Oracle's PeopleSoft Enterprise Benefits Administration, you can build and manage a comprehensive employee benefits system that is tailored to the particular needs of your organization, from automated enrollment and billing to the selection of multiple benefit programs. In addition, PeopleSoft Benefits Administration serves the special needs of U.S. federal government employers.
PeopleSoft Benefits Administration is part of Oracle’s PeopleSoft Enterprise Human Capital Management family of applications.
Benefits Administration - Features List
Complete Benefits
Establish and manage multiple employee benefits programs, including flexible spending accounts, as well as leave accruals for sick, vacation, or personal time off (PTO) plans.
Define your providers, rates, and beneficiaries, including spouses, domestic partners, and dependents, and calculate coverages and premiums for employees who have multiple jobs.
Establish and administer plans for FMLA (Family Medical Leave Act), COBRA (Consolidated Omnibus Budget Reconciliation Act), health and life insurance, savings (including 401(k) and 403(b) plans), Section 129 dependent care reimbursement, and Section 457 savings plans.
Automatic Event Maintenance, Enrollment, and Billing
Automatically enroll participants and dependents in a variety of benefit options.
Determine and track employee eligibility based on 18 delivered fields.
Use passive event processing to trigger events automatically.
Generate and process billings, payments, and adjustments for individuals and groups.
Automatically identify eligible employees and calculate and process retroactive benefits and deductions.
Manage and Administer Flexible Spending Accounts
Administer health care and dependent care FSA claims.
Record pledges.
Process claims.
Print checks.
Account for funds.
Enter and validate claims online.
Comprehensive Reporting and Analysis
Generate reports for frequently requested information and create your own customized, ad hoc reports for agency-specific requirements.
Analyze trends in your workforce and study the enterprise-wide impact of your programs and policies, including various benefits-expense ratios.
Complete Functionalities for U.S. Federal Government Employers
Establish and administer benefits that meet applicable federal standards.
Gain advanced capabilities for processing federal leaves.
Automate benefits enrollment and gain event-maintenance functionalities for federal benefits programs.
eBenefits
Oracle PeopleSoft Enterprise eBenefits offers employee self-service benefits transactions, including open enrollment, plan changes, dependent and personal data maintenance, and life event processing. Pre-integrated links connect employees directly with benefits suppliers. PeopleSoft eBenefits moves beyond paperless employee self-service transactions to provide the information employees need to maximize the value of their benefits plan. PeopleSoft eBenefits automates many of the administrative tasks related to benefits and payroll and decreases the need to create and maintain customized carrier interfaces and integrations.
PeopleSoft eBenefits is part of Oracle’s PeopleSoft Enterprise Human Capital Management family of applications.
eBenefits - Features List
Self-Service Benefits
Provide employees with online access to their benefits programs, including health, dental, vision, insurance, and savings plans.
Enable employees to communicate their benefit choices to their organization, including elections, validations, confirmation statements, and other related content.
Ensure that any elections or changes are allowed by your program's rules.
Ease of Use
Provide access to complete benefits information and transactions from a single page and with a single signon.
Enable users to view benefits information on summary-level pages and then navigate to more detailed information by clicking the appropriate plan links.
Managing Work and Life Events
Use the Activity Guide tool to walk the user through each of the steps necessary to complete the process.
Specify whether each step within an event is optional or required, or structure them in priority order.
Automatically launch workflow and approval routing, both within and beyond enterprise boundaries.
Easy Global Deployment
Use PeopleSoft’s global functionality to ensure that all text, date formatting, and data elements are appropriate for the employee wherever they are.
Do business in nine different languages; support for Unicode permits translation into 200 additional languages.
Connecting Employees and Benefits Suppliers
Knowledge-base content provider Authoria provides individualized responses to employee health, welfare, and retirement plan inquiries.
eBenX provides timely and accurate exchange of health enrollment data and financial information between your enterprise and your health and welfare carriers.
Pension Administration
Oracle's PeopleSoft Enterprise Pension Administration enables you to manage multiple, complex, defined-benefit plans with a single pure internet solution that you can configure to match your unique plan rules. Automate tasks ranging from pension calculations to tracking service credit, produce reports, and provide critical information to use when counseling plan participants.
PeopleSoft Pension Administration is part of Oracle’s PeopleSoft Enterprise Human Capital Management family of applications.
Pension Administration - Features List
Integrate Your Data
Leverage the capabilities of the entire range of PeopleSoft Enterprise HCM solutions to integrate pension data in a single database.
Store effective-dated employment history to track jobs, employment status, salaried or hourly status, union affiliation, and more.
Access individual historical earnings, hours, and pension contribution data; consolidate data; or keep per-period history.
Track all payees (retirees, beneficiaries, and qualified domestic relations order [QDRO] alternate payees) in one database.
Manage Complex Plan Rules
Establish rules for every aspect of your plans, including eligibility, participation, compensation, vesting, contributions, optional forms of payment, and early retirement factors.
Use effective-dating to keep a history of plan provisions.
Set up rules for special plan provisions, including grandfathered benefits, early retirement window benefits, minimum benefit formulas, and breaks in service.
Calculate service by using elapsed time, hours counting, or hours equivalency methods, which you can establish independently for each plan.
Manage Contributory Plans
Calculate employee contributions and manage separate employee accounts (for example, tax-deferred, post-tax).
Automatically deduct pension contributions from employee paychecks via an interface with PeopleSoft Payroll.
Administer "buyback" provisions.
Automate Administrative Functions
Maintain service credit accruals and payroll consolidations through periodic batch updates.
Run on-demand calculations for individual employees, or schedule large batch runs for later processing.
View calculation results online and print worksheets to explain pension benefits to your employees.
Track communications, activities, election forms, and verifications.
Track domestic relations orders (DROs).
Calculate Benefits
Calculate benefits for all types of pension plans; for all optional forms of payment; and for past, present, or future dates.
Produce worksheets with estimates and accrued benefit information for plan participants.
Calculate benefits for a group of employees by using an event date alias.
Enable plan participants to project pension benefits via the Internet by using PeopleSoft Enterprise eBenefits' Self-Service Estimate Pension function.
Stock Administration
Oracle's PeopleSoft Enterprise Stock Administration is a pure internet solution for establishing, managing, and administering multiple, complex equity plans and employee stock purchase plans (ESPP) for your workforce. In addition, Stock Administration delivers web-based self-service information about individual plans to employees, optionees, and managers.
PeopleSoft Stock Administration is part of Oracle’s PeopleSoft Enterprise Human Capital Management family of applications
Stock Administration - Features List
Integration with Other PeopleSoft Enterprise Human Capital Management (HCM) Applications
Leverage relevant employee data from your PeopleSoft HCM system.
Gain two-way data exchange with your PeopleSoft Payroll system for contributions to an employee stock purchase plan and to update year-to-date tax information from stock sales.
Obtain information for tax limits and tax rates from Payroll.
Use the calculate taxes feature in Stock Administration to calculate taxes due.
Use the update payroll balance feature to send income and tax withholding information to Payroll.
Manage Multiple Stock Plans
Incentive stock options (ISOs)
Nonqualified stock options (NQs)
Restricted stock awards (RSAs)
Tandem stock appreciation rights (ISARs and NSARs)
Employee stock purchase plans (ESPPs)
Enhance Stock Balance Tracking and Reporting Capabilities
Track multiple stock balances, including treasury pools, stock plans, and common and preferred shares outstanding.
Capture online transactions and batch processes for grants, purchases, exercises, repurchases, releases, and sales or dispositions.
Generate predefined, customized reports to meet requirements for financial disclosure, auditing, and regulatory compliance.
Track Section 16 insiders, 10 percent shareholders, and individuals to include in your proxy reporting.
Simplify Complex Stock Plan Administration
Define business rules for each stock plan at setup to automate administering termination and/or leave-of-absence periods and to calculate fair market values for each plan.
Create customized vesting schedules and set up restricted stock awards to allow exercising before vesting.
Administer fixed and rolling employee stock purchase plan offerings and convert employee stock purchases in foreign currencies.
Prorate purchases, provide anti-dilution adjustments, and define a variety of purchase limits.
Self-Service Tools for Employees
View a summary of active stock option grants, including detailed vesting information and future vesting.
Model potential gains using value and taxation assumptions.
View details of all activities, including grants, exercises, releases, sales, repurchases, and cancellations/expirations for a specific date range.
Enter and view insurance information and select broker or certificate issuance.
Self-Service Tools for Managers
Enable managers to view information about all active grants, along with vesting details for their direct reports.
View information as of today's date or enter a past or future date.
Model potential net gain of exercisable shares, view future vesting, and gain a graphical view of potential gain.
Sales Incentive Management
Sales Incentive Management enables you to align your sales force with corporate objectives, increasing performance and profits. With Sales Incentive Management you get the real-time visibility and flexibility required to impact sales behaviors and meet your goals. It also helps you improve administrative efficiencies and lower costs by integrating your sales business processes across the enterprise.
Sales Incentive Management is part of Oracle's PeopleSoft Enterprise family of Sales applications.
Sales Incentive Management - Features List
Enable an information-driven sales organization.
Increase sales productivity with real-time access to commission credits and status.
Provide timely problem resolution through automated routing and workflow.
Reduce administrative time and costs through a configurable and intuitive user interface.
Support all types of plans from simple to complex.
Manage multiple plans, in multiple currencies, globally.
Provide configurable, interactive reports to end users.
Reduce total cost of ownership with delivered plan templates based on industry-specific business processes.
Streamline incentive processing with integration to your PeopleSoft HCM, CRM, SCM, and Financial solutions.
Leverage internet-based technology to communicate commission credits any time, any place.
Reduce commission overpayments through back-end system integration and automated error-checking.
Measure and track incentive plan effectiveness.
Quickly change incentive plans to meet new business objectives.
Workforce Rewards
The most valuable resources in any organization are the people who make it run. You rely on the skills your people possess to execute business objectives. Yet, your competitors are fighting for those very same people, making it increasingly expensive to continually recruit and train replacement personnel.
Oracle's PeopleSoft Workforce Rewards provides the tools you need to proactively manage your company's compensation and retention policies. PeopleSoft Workforce Rewards determines the overall value of your company's compensation package and puts that information in the context of the overall marketplace to help you build a competitive compensation strategy. PeopleSoft Workforce Rewards will also identify the best and brightest employees so you can retain the people your organization needs in order to be successful.
Workforce Rewards - Features and Benefits
Compensation Planning and Simulation
Create multiple base and incentive pay plan scenarios to analyze the cost and return on investment of proposed changes.
Define compensation plan eligibility groups and base and incentive pay rules.
Design pay structures with the optimal mix of base and incentive pay.
Adjust pay structures, eligibility rules, and formulas to create compensation models for running scenarios.
Identify the difference between actual cost and the eventual employee value of different compensation elements.
Base Pay Structure Management
Identify the design parameters for your base pay structure.
Communicate pay range opportunities to job applicants and employees.
Test and revise the structure to conform to your organization's compensation strategy.
Assign benchmark and nonbenchmark jobs to ranges in the pay structure.
Conduct base pay structure scenario modeling.
Market-Based Pricing
Compare your organization's compensation structure with published compensation surveys for similar jobs.
Collect external market survey data from a variety of sources and make it relevant to your organization.
Create market-rate models based on job codes and calculate market rates using weighted averages.
Run market-based pricing scenarios to compare your current pay levels and structures with the market.
Retention Planning and Risk Assessment
Track employees who possess critical skills, represent a high development investment, or show high potential for future development.
Define risk and performance assessment rules and identify high-turnover risk factors.
Calculate potential cost and lost value of individual turnover.
Import employee survey data, and then compare this with information from your PeopleSoft human resources applications, financial management applications, and other legacy systems.
Workforce Simulation
Combine existing workforce data with projections about your organization's workforce growth and reduction.
Input data as rules to create a simulated workforce for use in the Workforce Rewards compensation planning and simulation tool.
eCompensation
Your employees are less likely to be recruited away from your organization if they understand the true impact of the package you're offering them. Oracle's PeopleSoft Enterprise eCompensation empowers your employees with a collaborative employee compensation application that shows their complete compensation package in an intuitive format—and provides the tools they need to plan their financial futures.
PeopleSoft eCompensation is part of Oracle’s PeopleSoft Enterprise Human Capital Management family of applications.
eCompensation - Features List
Intuitive Self-Service
Enable employees to review or verify their compensation history online.
Include their entire history of cash and noncash compensation, such as base salary, bonuses, and details about stock options granted through a variable compensation plan.
Managing Work and Life Events
Use the Activity Guide tool to walk the user through each of the steps necessary to complete the process.
Specify whether each step within an event is optional or required or structure them in priority order.
Automatically launch workflow and approval routing, both within and beyond the enterprise's boundaries.
Easy Global Deployment
Use PeopleSoft's global functionality to ensure that all text, date formatting, and data elements are appropriate for the employee, wherever he or she is.
Conduct business in any of nine languages, or use Unicode support to translate eCompensation into 200 additional languages.
eCompensation Manager Desktop
Oracle's PeopleSoft Enterprise eCompensation Manager Desktop enables your managers to make fast, informed workforce compensation decisions, then act on them—all online. Managers gain easy access to total workforce compensation information as well as third-party benchmarking and salary surveys, which they can then use to request or perform salary changes.
PeopleSoft eCompensation Manager Desktop is part of Oracle’s PeopleSoft Enterprise Human Capital Management family of applications.
eCompensation Manager Desktop - Features List
Self-Service Compensation Management
View total compensation-related information for direct reports from a central location, including salary, cash components such as bonuses, and noncash items such as retirement contributions or stock plans.
Request or grant base salary increases for employees, which are automatically routed for approval, either during targeted review periods or on an ad-hoc basis.
Request or grant a base salary increase for a group of employees, which you can optionally track against an approved salary-increase budget.
Easily set up workflow to automate approval routing.
Easy Global Deployment
Use PeopleSoft's global functionality to ensure that all text, date formatting, and data elements are appropriate for the employee, wherever he or she is.
Conduct business in any of nine languages, or use Unicode support to translate eCompensation Manager Desktop into 200 additional languages.
PeopleSoft Enterprise Human Capital Management - Employee Benefits and Compensation Modules
