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| Section | Objectives |
|---|---|
| Topic 1: Reporting and Analytics | - Compensation reporting tools
|
| Topic 2: Compensation Plan Configuration | - Budget setup and eligibility rules
|
| Topic 3: Variable Pay and Incentive Management | - Variable pay plan design
|
| Topic 4: Data Integration and Configuration | - Employee data and import processes
|
| Topic 5: Compensation Form and Worksheet Design | - Template configuration
|
1. You want to display the percentage of employees in each pay grade who are eligible to receive a stock
grant.
Which of the following activities must you perform to do this?
Please choose the correct answer.
Response:
A) Create an eligibility engine rule in the Admin Tools which defines stock eligibility by pay grade.
B) Upload a stock participation guideline table CSV file in the Admin Tools.
C) Create a custom stock field with a formula that calculates stock grant percentages per pay grade.
D) Import the value TRUE in the STOCK_UNITS_ELIGIBLE column of the user data file (UDF) for users
with eligible pay grades.
2. What can you do with a compensation profile?
There are 3 correct answers.
Choose:
A) View budget.
B) Promote an employee
C) Enter recommendations.
D) Import salary history into the profile
E) Display salary history.
3. Your customer has different compensation plan templates for stock and compensation.
This customer therefore wants to use one combined compensation statement.
What can you use to achieve this?
Please choose the correct answer.
Choose one:
A) The Secondary Plan option
B) Role-based permissions
C) The interoperability option
D) The Assign Statement Groups option
4. Your customer's budget for merit is 3% of the employee's annual salary. A full time employee has worked
for the company for half of the year. The guidelines for this employee show adjusted values for the 50%
work time.
Your customer does NOT want to give the manager the full budget for this employee. Only 50% of the
employee's calculated budget is to be included in the budget total. How can you accomplish this?
Please choose the correct answer.
Response:
A) Enable prorating in the guidelines in the Admin Tools.
B) Set 50% for the value in the user data file (UDF) field SALARY_BUDGET_MERIT_PERCENTAGE.
C) Enable prorating in the budget calculation in the Admin Tool.
D) Set 50% as the value for the employee in the user data file (UDF) field COMPENSATION_FTE.
5. You have created a route map and have entered information for all options in each step. You have also
configured To Dos for the Home Page.
Which field appears in the planner's To Do List on the Home Page when the worksheet is in their inbox?
Please choose the correct answer.
Response:
A) Step Name
B) Step Introduction &Mouse over Text
C) Step Description
D) Step ID
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D,E | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: A |
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