Extending a job offer is the process of formally offering a position to the applicant. This is typically done in writing, either by email or by sending a job offer letter. The purpose of extending a job offer is to provide the candidate with all the necessary information they need to make an informed decision about whether or not they will accept the position.
https://docs.oracle.com/cd/F13810_02/hcm92pbr29/eng/hcm/herm/task_CreatingJobOffers-e36841.html

According to one of the web search results1, there are three ways by which a new employee can be added to the HR system: Add Pending Worker, Hire Employee, and Convert Pending Worker.

A candidate selection workflow defines the steps that a candidate must complete before being hired. Each step can have one or more statuses that indicate the progress of the candidate. For example, a step called Interview can have statuses such as Scheduled, Completed, Passed, Failed, etc. A candidate selection workflow can be customized for different job requisitions and can include steps such as screening, assessment, offer, background check, etc.
https://docs.oracle.com/en/cloud/saas/talent-management/21d/faimh/overview-of-recruiting.html

Worker-Level budgeting is the correct answer. This budgeting method allows you to determine budget amounts by employee eligible salaries for each manager.
https://docs.oracle.com/en/cloud/saas/human-resources/23a/faiwc/budgeting-methods-in-workforce-compensation-plan-budget-pools.html

This will provide the HR Specialist with critical data about the potential for losing high performers and the impact of such a loss, allowing them to make informed decisions about the Talent Review template. Other information that might be needed includes an overview of the department's Talent Score Rating, Potential vs. Performance, Succession Plans and Talent Pools.
https://docs.oracle.com/en/cloud/saas/talent-management/21d/fatrs/talent-review-templates.html