Key Flexfield
A flexible data
field made up of segments. Each segment has a name you define and a set of
valid values you specify. Used as the key to uniquely
identify an entity, such as jobs, positions,
grades, cost codes, and employee groups.
Key Performance
Indicator (KPI)
Target values that
you set for the performance of your enterprise. This value comes from the
corresponding KPI Portlet/Report. You can configure the
Performance Management Framework
to send a notification when actual performance falls
short of, or exceeds, the target value. For
example, you may configure the Performance Management
Framework to send you a
notification when workforce variance is greater than 10
percent, or when training success is
below 50 percent.
Key Performance
Indicator (KPI) Portlet/Report
Displays the
executive summary of key measures such as total headcount and total salary.
L
Layout
Indicates the
columns to be displayed in a spreadsheet or Word document created using Web
ADI.
Learning Management
Oracle's
enterprise learning management system that administers online and offline
educational
content.
Leave Loading
In Australia, an
additional percentage amount of the annual leave paid that is paid to the
employee.
Leaver's Statement
In the UK, this
Records detail of Statutory Sick Pay (SSP) paid during a previous employment
(issued as form SSP1L) which is used to calculate a new
employee's entitlement to SSP. If a
new employee falls sick, and the last date that SSP was
paid for under the previous employment
is less than eight calendar weeks before the first day of
the PIW for the current sickness, the
maximum liability for SSP is reduced by the number of
weeks of SSP shown on the statement.
Legal Employer
A business in
Australia that employs people and has registered with the Australian Tax Office
as
a Group Employer.
Legal Entity
A legal entity
represents the designated legal employer for all employment-related activities.
The legal authorities in a country recognize this
organization as a separate employer.
Life Event
A significant
change in a person's life that results in a change in eligibility or
ineligibility for a
benefit.
Life Event
Collision
A situation in
which the impacts from multiple life events on participation eligibility,
enrollability, level of coverage or activity rates
conflict with each other.
Life Event
Enrollment
A benefits plan
enrollment that is prompted by a life event occurring at any time during the
plan
year.
Linked PIWs
In the UK, these
are linked periods of incapacity for work that are treated as one to calculate
an
employee's entitlement to Statutory Sick Pay (SSP). A
period of incapacity for work (PIW) links
to an earlier PIW if it is separated by less than the
linking interval. A linked PIW can be up to
three years long.
Linking Interval
In the UK, this is
the number of days that separate two periods of incapacity for work. If a
period of incapacity for work (PIW) is separated from a
previous PIW by less than the linking
interval, they are treated as one PIW according to the
legislation for entitlement to Statutory
Sick Pay (SSP). An employee can only receive SSP for the
maximum number of weeks defined
in the legislation for one PIW.
LMSS
Line Manager Self
Service. A predefined SSHR responsibility.
Long Service Leave
Leave with pay
granted to employees of a particular employer after a prescribed period of
service or employment with that employer.
Lookup Types
Categories of
information, such as nationality, address type and tax type, that have a
limited list
of valid values. You can define your own Lookup Types,
and you can add values to some
predefined Lookup Types.
Lower Earnings
Limit (LEL)
In the UK, this is
the minimum average weekly amount an employee must earn to pay National
Insurance contributions. Employees who do not earn enough
to pay National Insurance cannot
receive Statutory Sick Pay (SSP) or Statutory Maternity
Pay (SMP).
M
Manager
(iRecruitment) A
manager accesses the iRecruitment system to document their hiring needs and
conduct their recruiting activities online. Specifically,
these activities include vacancy
definition, searching for candidates, and processing
applicants through the vacancy process.DBI
for HRMS counts a person as a manager if they supervise
assignments (directly or through
subordinates) for which the total headcount value is
greater than zero at the effective date.
Manager-Employee
Appraisal
Part of the Appraisal
function. A manager appraisal of an employee. However, an appraising
manager does not have to be a manager.
Mapping
If you are
bringing in data from a text file to Oracle HRMS using a spreadsheet created in
Web
ADI, you need to map the columns in the text file to the
application's tables and columns.
Maternity Pay
Period
In the UK, this is
the period for which Statutory Maternity Pay (SMP) is paid. It may start at any
time from the start of the 11th week before the expected
week of confinement and can continue
for up to 18 weeks. The start date is usually agreed with
the employee, but can start at any time
up to the birth. An employee is not eligible to SMP for
any week in which she works or for any
other reason for ineligibility, defined by the
legislation for SMP.
Medicare Levy
An amount payable
by most taxpayers in Australia to cover some of the cost of the public health
system.
Menus
You set up your
own navigation menus, to suit the needs of different users.
My Account
(iRecruitment) My
Account is the total of either a candidate or applicant's personal and vacancy-
specific information including the information needed to
manage their progress through the
recruitment process.
N
NACHA
National Automated
Clearing House Association. This is the US system for making direct
deposit payments to employees.
National
Identifier
This is the
alphanumeric code that is used to uniquely identify a person within their
country. It is
often used for taxation purposes. For example, in the US
it is the Social Security Number, in
Italy it is the Fiscal Code, and in New Zealand it is the
IRD Number.
National
Occupational Classification (NOC) code
In Canada, the
National Occupational Classification (NOC) System was developed to best
reflect the type of work performed by employees.
Occupations are grouped in terms of particular
tasks, duties and responsibilities. The use of this
standardized system ensures consistency of
data from year to year within the same company as well as
between companies. These codes are
used in the Employment Equity Report.
Net Accrual
Calculation
The rule that
defines which element entries add to or subtract from a plan's accrual amount
to
give net entitlement.
Net Entitlement
The amount of
unused paid time off an employee has available in an accrual plan at any given
point in time.
Nonrecurring
Elements
Elements that
process for one payroll period only unless you make a new entry for an
employee.
See also: Recurring
Elements
North American
Industrial Classification (NAIC) code
The North American
Industrial Classification system (NAICs) was developed jointly by the US,
Canada and Mexico to provide comparability in statistics
regarding business activity across
North America. The NAIC replaces the US Standard
Industrial Classification (SIC) system, and
is used in the Employment Equity Report.
Not in Program Plan
A benefit plan
that you define outside of a program.
O
Objective Assessment
Template
The entity that
configures the Objectives section of the appraisal.
See also:
Competency Assessment Template
Objectives Library
A collection of
reusable objectives. HR Professionals can either create individual objectives in
the Objectives Library or import them from an external
source.
Off-Boarding
Descriptive term
covering all HR processes and procedures involved in removing a worker from
your organization, including termination, relocation, and
long-term sickness.
OLM
Oracle Learning
Management.
On-Boarding
Descriptive term
covering all HR processes and procedures involved in hiring and integrating a worker in your organization, including recruitment,
hiring, and orientation.
Online Analytical
Processing (OLAP)
Analysis of data
that reveals business trends and statistics that are not immediately visible in operational data.
Online
Transactional Processing (OLTP)
The storage of
data from day-to-day business transactions into the database that contains
operational data.
Open Enrollment
A type of
scheduled enrollment in which participants can enroll in or alter elections in
one or
more benefits plans.
Options
A level of
coverage for a participant's election, such as Employee Only for a medical
plan, or 2x
Salary for a life insurance plan.
Oracle Fast
Formula
Formulas are
generic expressions of calculations or comparisons you want to repeat with
different input values. With Oracle Fast Formula you can
write formulas using English words
and basic mathematical functions. The output of Fast
Formulas is fed back into reports.
Organization
A required
component of employee assignments. You can define as many organizations as you
want within your Business Group. Organizations can be
internal, such as departments, or
external, such as recruitment agencies. You can structure
your organizations into organizational
hierarchies for reporting purposes and for system access
control.
Organization
Manager Hierarchy
An HRMS structure
that contains supervisors and subordinates on a reporting chain who also own organizations. HRMS uses this hierarchy to filter the
information you display in report modules, such as the Daily Business Intelligence
Workforce Budget Management dashboard, to include only managers who own organizations.
OSSWA
Oracle Self
Service Web Applications.
Outcome
For a unit
standard competence, a behavior or performance standard associated with one or
more assessment criteria. A worker achieves a unit standard
competence when they achieve all outcomes for that competence.
Overrides
You can enter overrides for an element's pay or input
values for a single payroll period. This is
useful, for example, when you want to correct errors in
data entry for a nonrecurring element
before a payroll run.
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