From the course: Introduction to Oracle Cloud Essentials

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Oracle Human Capital Management (HCM)

Oracle Human Capital Management (HCM)

(contemplative music) - [Instructor] I'm going to start off with Oracle Human Capital Management, which is an end-to-end solution that allows you to manage all aspects of people data, from hire to retire. It all starts with recruiting, where requisitions are used to advertise vacant positions and candidates are managed through the hiring process. After recruitment, successful candidates are transferred to the human resources module. Within this module, you can configure the organization's structure to mirror that of your business, and this allows for easy reorganization whenever the structure changes. People data is a staple element of HCM. Therefore, as part of this product, an HR specialist can manage everything about the employee lifecycle, including promotions, transfers, general assignment changes, and terminations. A robust self-service offering allows employees and managers to take ownership and responsibility for the data pertaining to themselves and their teams by removing…

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