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| Section | Objectives |
|---|---|
| Topic 1: Reporting and Integration | - Integration with Employee Central and payroll systems - Executive Review and analytics |
| Topic 2: Guidelines and Budgeting | - Guideline matrix and recommendation logic - Budget planning and currency handling |
| Topic 3: Workflow and Security | - Role-Based Permissions (RBP) for Compensation - Route maps for compensation workflow |
| Topic 4: Compensation Configuration Fundamentals | - Compensation Plan Template configuration - Compensation Worksheets design and fields - Eligibility rules setup |
1. What are the advantages of the PercentofMeritTarget budget mode? Please choose the correct answer.
Choose one:
A) It is easy to configure since it is based on employee performance and benchmarks.
B) It is dynamic since budgets recalculatewhen new targets are loaded.
C) It is client-specific and uses custom calculations if needed.
D) It is flexible since it is NOT based on users' imported salaries.
2. Which element in the compensation plan template XML controls the lump sum split? Choose one:
A) <comp-budget-rule>
B) <comp-rule>
C) <comp-calculation>
D) <comp-salary-rule>
3. 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) Upload a stock participation guideline table CSV file in the Admin Tools.
B) Create an eligibility engine rule in the Admin Tools which defines stock eligibility by pay grade.
C) Import the value TRUE in the STOCK_UNITS_ELIGIBLE column of the user data file (UDF) for users with eligible pay grades.
D) Create a custom stock field with a formula thatcalculates stock grant percentages per pay grade.
4. Your customer needs a budget that calculates a percentage of imported values for each
employee on the compensation worksheet.
Which Based On option can you use tofulfill this requirement?
Please choose the correct answer.
Choose one:
A) User
B) Template
C) Import
D) Group
5. Your customer gives planners total discretion within their budget for merit planning and does NOT use guidelines. Your customer also prorates final payouts according to how many months the employee has been with the company. How can you accomplish this?
Please choose the correct answer.
Response:
A) Set the includeRaiseProrating option to "true" in the template XML and use imported proration.
B) Use the Admin Tools to configure salary proration for imported proration.
C) Use the Admin Tools to configure raise proration for date-based proration.
D) Set the includeSalaryProrating option to "true"in the template XML and use imported proration.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: D |
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