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| Section | Objectives |
|---|---|
| Topic 1: Variable Pay and Incentive Management | - Variable pay plan design
|
| Topic 2: Compensation Plan Configuration | - Budget setup and eligibility rules
|
| Topic 3: Compensation Form and Worksheet Design | - Template configuration
|
| Topic 4: Reporting and Analytics | - Compensation reporting tools
|
| Topic 5: Data Integration and Configuration | - Employee data and import processes
|
1. You set up a merit guideline rule based on the performance rating.
You import guideline formulas as shown in the attached screenshot.
According to the imported formulas, what is the minimum merit guideline if an employee's performance rating is 4?
Please choose the correct answer.
Choose one:
A) 0%
B) 4%
C) 2%
D) 1%
2. Which of the following functions in the Admin Tools can you use to delete compensation worksheets for
active planners?
There are 2 correct answers.
Response:
A) Manage worksheets
B) Update compensation worksheet
C) Delete form
D) Delete employees
3. Your customer uses a look-up table to calculate custom budgets as shown in the attached screenshot.
The budget is based on an employee's country and status. In the template, the country is defined with the
field ID 'customCountry' and the status is defined with the field ID 'customStatus'.
You need to create a custom field that contains the look-up value foe the promotion budget percent. What
is the correct syntax for the calculated field?
Please choose the correct answer.
Response:
A) lookup("2012_Custom_Budget_Pool"'customCountry, customStatus,promotion)
B) lookup("2012_Custom_Budget_Pool"'customCountry, customStatus)
C) lookup("2012_Custom_Budget_Pool"' customCountry, customStatus,1)
D) lookup("2012_Custom_Budget_Pool"' customCountry, customStatus,3)
4. Your customer has the following requirements for their compensation plan:
1 . Use a hard stop in the customer's guidelines
2 . Display only the high and low values in the compensation worksheet.
3 . Display a prompt message to planners if they go outside of the high/low values.
Which guideline rule settings must you set to fulfill these requirements?
Please choose the correct answer.
Response:
A) <comp-guideline-pattern>min-max</comp-guideline-pattern>HardLimit: Yes High/Low Action: Warn
B) comp-guideline-pattern>low-high</comp-guideline-pattern>Hard Limit: Yes High/Low Action: Allow
C) <comp-guideline-pattern>min-max</comp-guideline-pattern>Hard Limit: Yes High/Low Action: Allow
D) <comp-guideline-pattern>low-high</comp-guideline-pattern>Hard Limit: Yes High/Low Action: Warn
5. Your customer uses the following planning fields in the compensation plan template
Promotion
*
Merit
*
Adjustment
*
Using the design worksheet in the Admin Tools, which standard field would you add to the compensation
plan template to display the total amount awarded?
Please choose the correct answer.
Response:
A) Total Compensation In Local Currency
B) Total Raise
C) Total Compensation
D) Total Increase
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,C | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: D |
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