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| Section | Weight | Objectives |
|---|---|---|
| Workforce Compensation Plans & Administration | 25% | - Set up plan cycles and eligibility - Administer compensation change statements - Design compensation plan structures - Configure worksheets, budgets and models - Implement approval workflows |
| Individual Compensation Configuration | 20% | - Set up variable allocation and approvals - Define individual compensation plans - Configure compensation history - Manage personal contributions |
| Total Compensation Statements | 10% | - Define statement templates and items - Generate and publish statements - Set up compensation categories |
| Validation & Batch Processes | 10% | - Validate plan configurations - Run batch compensation processes - Monitor and troubleshoot cycles |
| Base Pay Setup | 20% | - Configure progression grade ladders - Set up grade rates and salary ranges - Define salary basis and components - Manage compensation zones |
| Elements, Balances, and Formulas | 15% | - Manage balances and formulas - Explain earnings and deduction elements - Describe element classifications |
No mandatory prerequisites; recommended 6+ months implementation experience Since requirements change over time, confirm the latest on the official Oracle exam page before scheduling.
The 1z0-1049-20 exam is a Oracle certification exam validating the Oracle Compensation Cloud 2020 Implementation Essentials syllabus shown above. It belongs to these credential paths: Oracle HCM Cloud Implementation Specialist. Candidates in 2026 prepare for it with PracticeTorrent's 180 practice questions, available as a printable PDF, a Windows Desktop Test Engine, and an Online Test Engine — three versions of the same materials.
Oracle recommends these training resources for the Oracle Compensation Cloud 2020 Implementation Essentials exam:
Follow the training with steady self-testing — the 180 practice questions from PracticeTorrent help you apply theory and fill any gaps the training leaves.
The Oracle Compensation Cloud 2020 Implementation Essentials exam requires 66% to pass, and registration costs $245 USD. A failed attempt means paying the same fee again — a readiness check with the PracticeTorrent engines before booking is the cheaper option.
The Oracle Compensation Cloud 2020 Implementation Essentials exam contains 55 to complete within 85 minutes. Timed simulation in the PracticeTorrent Desktop Test Engine teaches that rhythm before exam day does.
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The official Oracle Compensation Cloud 2020 Implementation Essentials outline defines 6 domains. The leading three are Individual Compensation Configuration (20%), Validation & Batch Processes (10%), and Elements, Balances, and Formulas (15%). The full list is in the topics section above, and PracticeTorrent's 180 practice questions cover each one.
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As an implementation consultant, you are required to create an element that is applicable only to a set of employees who are in the Production department and who are on weekly payrolls.
What is the correct configuration to meet this requirement? (Choose the best answer.)
Correct Answer: C 🗳️
As an implementation consultant, you are required to create an element for capturing the bonus awarded in the compensation cycle. Which two statements are correct regarding the input values of the element created?
(Choose two.)
Correct Answer: B,C 🗳️
While creating a compensation plan, the compensation manager of your client's organization chooses to enable Compensation Change statement. As an implementation consultant, which is the dependent configuration that you would advise the compensation manager to perform? (Choose the best answer.)
Correct Answer: D 🗳️
Performance ratings are enabled in the compensation plan. Which three statements are correct regarding performance ratings? (Choose three.)
Correct Answer: A,C,D 🗳️
Which two tasks are true about components in worksheet configurations? (Choose two.)
Correct Answer: B,C 🗳️
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