Last updated on
Company health
Ratings
Oracle Workforce Rewards Cloud description
Oracle Workforce Rewards Cloud is a comprehensive software suite that helps mid-sized to large companies manage all aspects of employee compensation and benefits. It includes tools for managing salaries, bonuses, stock options, and health and retirement benefits. The platform aims to simplify complex compensation programs, provide data-driven insights for decision-making, and streamline HR processes, ultimately promising a better experience for both employees and HR teams. It is a cloud-based system accessible from any location with an internet connection.
Who is Oracle Workforce Rewards Cloud best for
Oracle Workforce Rewards Cloud is a comprehensive HR suite ideal for large enterprises seeking to streamline their compensation and benefits processes. Users praise its comprehensive features and reporting capabilities. However, some find navigation challenging and experience data synchronization issues. Consider this if your company needs robust functionality but be prepared to address potential usability hurdles.
-
Best fit for large enterprises (1000+ employees).
-
Suitable for various industries.
Oracle Workforce Rewards Cloud features
| Supported Oracle Cloud HCM supports benefits, compensation, and position management. |
| Supported Oracle Workforce Rewards Cloud supports fair and transparent compensation decisions. |
| Supported Oracle Workforce Rewards Cloud supports compensation management, including salary benchmarking and compensation planning. |
| Supported Oracle Workforce Rewards Cloud streamlines compensation planning, including merit increases and bonuses. |
Oracle Workforce Rewards Cloud reviews
We've summarised 25 Oracle Workforce Rewards Cloud reviews (Oracle Workforce Rewards Cloud G2 reviews) and summarised the main points below.
- Comprehensive features and functionalities covering a wide range of HR and compensation processes.
- User-friendly interface with intuitive design and easy-to-use tools.
- Robust reporting capabilities and data-driven insights for decision-making.
- Cloud-based accessibility, allowing access from anywhere with an internet connection.
- Flexibility and customization options for tailoring the system to specific business needs.
- Difficult navigation and unclear information architecture. Users struggle to find specific functions and information.
- Data synchronization issues between modules. Changes in one module can unexpectedly affect others.
- Performance issues and slow processing times, especially with large datasets or complex reports.
- Complex algorithms and cumbersome processes for payroll and compensation management.
- Limited customer support and slow response times to reported issues.
Oracle Workforce Rewards Cloud alternatives
PeoplesHRBetter fit for small and medium businesses. Grows faster than Oracle Workforce Rewards Cloud but has slower LinkedIn employee growth. Higher rated on G2. Users report PeoplesHR is easier to use, but has performance issues.Read more
HRSoft Compensation ManagementBetter fit for mid-sized companies and a wider range of industries. More user-friendly and has better customer support. Offers Workday integration. Positive pricing sentiment.Read more
WorkableBetter for smaller or medium-sized businesses needing applicant tracking, onboarding, and performance management. It has AI powered features. It is easier to use and has better customer service.Read more
ADP Workforce NowBetter fit for mid-sized companies. Offers broader industry coverage. Has a mobile app. Consider this Oracle Workforce Rewards Cloud competitor.Read more
WizehireBetter fit for smaller businesses, especially those in construction, hospitality, or transportation. Provides more personalized support. Focus is on recruitment and onboarding, rather than comprehensive HR management.Read more
RipplingBetter fit for smaller and medium-sized businesses. Broader industry applicability. Offers IT and finance features, as well as global payroll and compliance solutions. Has grown considerably faster. Higher rated and easier to use, though some find navigation between platforms difficult. More negative pricing sentiment.Read more
Oracle Workforce Rewards Cloud FAQ
What is Oracle Workforce Rewards Cloud and what does Oracle Workforce Rewards Cloud do?
Oracle Workforce Rewards Cloud is a comprehensive, cloud-based software suite designed to streamline compensation and benefits management for mid-to-large-sized businesses. It offers tools for managing salaries, bonuses, and benefits, providing data-driven insights to optimize compensation strategies and improve HR processes.
How does Oracle Workforce Rewards Cloud integrate with other tools?
Oracle Workforce Rewards Cloud integrates with other Oracle HCM Cloud applications. It also offers REST APIs which allow integration with other third-party payroll, benefits, and HR systems. This connectivity streamlines HR processes and centralizes employee data.
What the main competitors of Oracle Workforce Rewards Cloud?
Top alternatives to Oracle Workforce Rewards Cloud include ADP Workforce Now, HRSoft Compensation Management, and PeoplesHR. These competitors offer similar functionalities for compensation management, benefits administration, and core HR processes, often with varying focuses on specific business sizes or features.
Is Oracle Workforce Rewards Cloud legit?
Oracle Workforce Rewards Cloud is a legitimate software solution for compensation management. It's a cloud-based platform ideal for medium to large businesses seeking to streamline HR processes and improve compensation decisions. While some users report navigation difficulties, others praise its comprehensive features and reporting capabilities.
How much does Oracle Workforce Rewards Cloud cost?
I cannot find pricing information for Oracle Workforce Rewards Cloud. Contact Oracle sales for product pricing details or to determine if the product is worth the investment for your business.
Is Oracle Workforce Rewards Cloud customer service good?
There is no information available about Oracle Workforce Rewards Cloud's customer service quality. However, some users have reported slow response times and limited support.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.