1Z0-1046-24

The Oracle 1Z0-1046-24 exam, "Oracle Global Human Resources Cloud 2023 Implementation Essentials," focuses on demonstrating your ability to implement and configure Oracle's Global Human Resources Cloud (Oracle HCM Cloud) service. The main points cover several key functional areas:

• Core HR: This is a foundational area covering aspects like setting up organization structures, defining job roles and positions, managing worker information (personal data, employment details, etc.), and managing worker lifecycle events (hires, transfers, terminations). Expect questions on configuring worker types, assigning positions, and understanding the various data points within the system.

• Compensation: This section tests your understanding of setting up compensation structures, salary plans, pay grades, and managing pay increases and bonuses within the Oracle HCM Cloud environment. You'll need to know how to configure these elements and understand their relationships.

• Benefits: This involves configuring benefit plans, eligibility rules, and enrollment processes. Understanding different benefit types and how they are administered within the system is crucial.

• Talent: This often includes aspects of talent management, potentially covering aspects of recruiting, performance management, or learning management, although the exact coverage may vary slightly across exam versions. This might involve understanding the integration points between these modules and Core HR.

• Absence Management: Configuring absence types, absence accrual rules, and managing employee absences are key components. You'll need to know how to set up and administer different types of leave (sick leave, vacation, etc.).

• Time and Labor: This area might include aspects of time tracking, time off requests, and potentially payroll integrations, depending on the exam's focus. Understanding the different timekeeping methods and how they integrate with other modules is important.

• Global and Legal Considerations: Oracle HCM Cloud supports multiple countries and jurisdictions. Understanding how to configure the system to comply with various legal and regulatory requirements in different regions is a significant aspect.

• Implementation Methodology: While not strictly a functional area, understanding the general principles of Oracle's HCM Cloud implementation best practices, including data migration and testing procedures, is important.

• Reporting and Analytics: You'll likely need to understand how to access and utilize reports and analytics within the Oracle HCM Cloud application, although the depth of this may vary.

It's crucial to consult the official Oracle exam guide and practice questions to get the most accurate and up-to-date information on the specific topics covered in the 1Z0-1046-24 exam. The emphasis on specific areas can shift slightly between exam updates.