Oracle Fusion HCM Interview Questions and Answers 2018
Oracle Fusion HCM Interview Questions
Oracle Fusion HCM has a lot of job opportunities, and it has a market share of 13%, and there is a lot of scopes to grow in this domain. We have compiled some Oracle Fusion HCM interview questions for you to crack your dream job. These Oracle Fusion HCM interview questions helps to freshers as well as Experienced people also.
Technical Oracle Fusion HCM Interview Questions
Q1. What is LDG in Oracle Fusion HCM?
LDG in Oracle Fusion HCM means Legislative Data Group. There is an association between the statutory Payroll units and LDG. There is a requirement of at least one LDG for each nation where the organization operates. You can create these groups for partitioning payroll and related data. Later, process the payment with LDG code along with its legislation. You should handle the code with the country’s currency and costs which is essential to the flex field structure.
Q2. What is Oracle Fusion Trees?
The Oracle Fusion trees are also known as Oracle Fusion Timber. They represent the geographical representation of the organization’s hierarchy. Oracle Fusion Human Capital Management provides predefined tree structures for department, structures, organizations and the positions. You can create multiple trees and multiple versions with the help of Oracle Fusion HCM.
Q3. What is Functional Setup manager?
The Oracle Functional setup manager is commonly known as FSM. The FSM is an application which guides you all throughout the project life cycle on the functional implementation.
Q4. What is absence pattern?
The Absence pattern contains a set of predefined rules. All these predefined rules make an absence type. You should link the absence type with absence pattern.The selected design by the user will determine the particular fields which will appear on absence type pages. The Childbirth, injury/illness, and general absence are some popularly used absence patterns.
Q5). What are the different plan types available in Fusion Absence Management?
There are three plans available in FAM (Fusion absence management). Accrual, Qualification, No Entitlement.
Accrual: You can generate this plan to create absence for paid leaves. For example vacation plan.
Qualification: You can create this type of plans for paid leaves, and the employees qualify for paid leave. For example maternity leave
No entitlement: You can maintain this program to track paid and unpaid leaves so that there is no accruals balance of leaves and payment.
Q6. How many sections a performance template/model can hold?
A performance template can hold the maximum of six models. They are:
- Competency Section
- Goal Section
- Worker Final Feedback Section
- Manager Final Feedback Section
- Questionnaire Section
- Overall Review Section
Q7. Explain what a watch list and work list is?
A watchlist provides a set of shortcuts to track that requires your attention.
A work list presents a task that works that needs your approval and notifications for you to view.
Q8. What do you understand by Reference Data Sharing?
In Oracle Fusion HCM reference data sharing means sharing of configuration data like jobs, grades, etc. across business units. You can share the configuration data in buckets across business units. This data helps to reduce duplication of data.
Q9. How is ESC useful?
The ESC is a tool that is interview-based which guides through the configuration of enterprise structures. You can use this tool to define organization set-up, organization structure, job, and position structures of the enterprises.
Q10. Benefits of ESC
- Create all the organizational structures at one time
- Design multiple configurations to test various scenarios
- Reviews enterprise configuration before loading
- Rollback enterprise configuration after loading
Q11. How can you track the record if you update an assignment record multiple times a day?
You can create more than one physical record for some objects like assignments and update more than one time. You have to give a valid sequence number in each physical file to show the order in which you make an update.
Q12. What is distribution threshold in the Oracle Fusion HCM?
After normalization, distribution threshold will see that workforce should be there for the accomplishment of tasks.
Q13. What is normalization in Oracle Fusion?
When users create rating models, they have to define the rating distribution at the same time. The rating distribution gives an idea about the overall percentage of the workforce that is involved. The rating distribution provides Information about the increase and reduction of human resources at various levels. This procedure is known as normalization.
Q14. Name a few sets enabled objects in the Oracle Fusion HCM?
Some set enabled objects in Oracle Fusion HCM are
- The Departments
General Oracle Fusion HCM Interview Questions
1. Why is Human capital management important?
The organizations consider Human capital as an asset. When an organization hires an employee, it regards him as an asset as he brings his skills and knowledge to the organization for the mutual growth. Organizations invest in the right kind of Human capital to add value to the organization. You can increase the Human capital through education and training. The empowered Human Capital increases the productivity of the organization.
2. What are the factors that you should consider for specifying the key responsibility areas for an employee?
When you hire an employee to perform particular job responsibilities, the organization has to consider educational qualifications, skills to perform the specific job, experience, areas of interest, etc. If you hire a right candidate for the right position, it promotes a positive work environment.
3. What are the core pillars of HCM?
The core pillars of HCM are:
- Talent acquisition
- Training talent
- Retaining talent
- Managing talent
4. What is the best way to motivate employees?
The best ways to motivate employees are:
- Rewarding by praising before others
- Increasing pay
- Appreciate the work
- Designation increase
5. Why are skilled employees are essential for organizations?
Employee skills enhance organization’s productivity. Employees contribute to the growth in their way. They bring their experience, skills, and qualifications to enhance the growth of the organization, thereby increasing the growth of the organization.
6. Select the four products offered as part of the Oracle Fusion HCM product family under the business process category of Workforce Development
- Profile Management
- Performance and goal management
- Talent review
- Network at work
7. Under workforce deployment category, name the sub-processes under the workforce Deployment in the Oracle Fusion HCM family.
- Social networking Management
- Workforce Profiles Management
- Workforce lifecycles Management
- Absence Management