Oracle

Why Oracle Cloud HCM?

To help make 无码专区 a great place to work, we need to make HR simple and easy for everyone. By adopting Oracle Cloud HCM's standardized, consistent processes across HR, leadership can make better decisions that will reduce cost (e.g., less hours burned tracking forms down across different systems) and grow our people by utilizing their full talent stack (rather than sticking them with manual tasks).

Oracle is a cloud-based HCM (Human Capital Management) solution that provides unified data in a single source of truth across all HR processes (core, payroll, talent, etc.). Standard and consistent processes will facilitate clean and accurate data across the organization, including the following:

  • Cleaner external reporting
  • Cleaner integrations
  • Extensive library of delivered reports
  • Data analytics capabilities
  • Reduced costs on maintaining and updating on-premise HCM systems
person looking at phone screen

Our employees will have a more intuitive and digitally-enabled working experience, with access to the type of technology many are accustomed to in their daily lives.

person looking at team screen

Our managers and HR Partners will have the space to effectively manage their teams, build enduring capability, inspire others and create an environment where leaders of tomorrow can develop and thrive.

person looking at pie charts

Our leaders will be able to make more informed, data-driven decisions about their business and the people within it鈥�.

person looking at icons

Our HR Community will deliver greater value, improved services and employee support as we continuously evolve and as a result, provide more fulfilling careers鈥�.

KEY BENEFIT DRIVERS

Improved Employee Productivity on HR Tasks (FTE)

Benefit KPI: Hours per week employees spend on HR tasks
无码专区 Baseline: 2.0
Improvement esitimates:
10% Improvement (conservative) 
15% Improvement (likely)
20% Improvement (optimistic)
Key Assumptions: Improvement based on Oracle鈥檚 experience with similar customers

Reduced Voluntary Employee Turnover (Costs)

Benefit KPI: Employee voluntary turnover rate (%)
无码专区 Baseline: 21%
Improvement estimates:
4% improvement (conservative)
7% Improvement (likely)
10% Improvement (optimistic)
Key Assumptions: Oracle HCM customers experience an average improvement in retention of 16%

Benefit: Reduced Payroll Leakage (Costs) 

Benefit KPI: Reduce payroll leakage (1% of total payroll)
无码专区 Baseline: 1B
Improvement Estimates:
15% improvement (conservative)
20% Improvement (likely)
25% Improvement (optimistic)
Key Assumptions: Estimated Reduction

Improved Manager Productivity on HR Tasks (FTE)

Benefit KPI: Hours per week managers spend on HR tasks
无码专区 Baseline: 5.0
Improvement Estimates:
10% improvement (conservative)
15% Improvement (likely)
20% Improvement (optimistic) 
Key Assumptions: Improvement based on Oracle鈥檚 experience with similar customers

Benefit: Reduced Overtime Usage(Costs) 

Benefit KPI: Annual costs for overtime($)
无码专区 Baseline: $19.8M
Improvement Estimates:
4% improvement (conservative)
7% Improvement (likely)
10% Improvement (optimistic)
Key Assumptions: Improvement based on Oracle鈥檚 experience with similar customers

Eliminate Legacy/Other Applications Support (Costs) 

Benefit KPI: Reduction in Legacy applications support costs (%)
无码专区 Baseline: $.3M
Improvement Estimates:
100% improvement (conservative)
100% Improvement (likely)
100% Improvement (optimistic)
Key Assumptions: Legacy systems will be eliminated