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| Section | Objectives |
|---|---|
| Topic 1: Compensation Planning Execution | - Worksheet Management
|
| Topic 2: Compensation Administration and Overview | - Compensation Planning Concepts
|
| Topic 3: Compensation Template Configuration | - Designing Compensation Worksheets
|
| Topic 4: Eligibility and Guidelines | - Business Rules and Eligibility Engine
|
| Topic 5: Reporting and Integration | - Analytics and Integration
|
1. Your customer has the following requirements for their compensation plan:
1.Allow planners to make recommendations outside of the high/low values. 2. Display only the max min values in the compensation worksheet. Which guideline rule settings must you set to fulfill these requirements?
A) In Display Settings use min-max
*Hard Limit: No
*High/Low Action: Allow
B) In Display Settings use min-max
*Hard Limit: Yes
*High/Low Action: Allow
C) In Display Settings use low-high
*Hard Limit: Yes
*High/Low Action: Allow
D) In Display Settings use min-max
*Hard Limit: No
*High/Low Action: Warn
2. Your customer has a compensation plan template with the functional currency USD. The manager's own currency is EUR. The manager's compensation worksheet contains employees who are paid in the following currencies: EUR, USD, CHF, GBP. Which view must you enable to make sure the manager can display the salary of all of their employees in GBP?
A) The includeFunctionalCurrency view
B) The includeAnyCurrency view
C) The includeLocalCurrency view
D) The includePlannerCurrency view
3. You create a test user data file (UDF) for use with a compensation template. The template uses the Second Manager hierarchy. The CEO is head of both hierarchies.
In the user record of the CEO, what values would you use for the MANAGER SECOND_MANAGER columns?
A) MANAGER: blank
*SECOND MANAGER: NO_MANAGER
B) MANAGER: blank
*SECOND MANAGER: blank
C) MANAGER: NO_MANAGER
*SECOND MANAGER: blank
D) MANAGER: NO_MANAGER
*SECOND_MANAGER: NO_MANAGER
4. Your customer requires a field on the worksheet where planners can select from a list to categorize the reason for the employee receiving a lump sum. How can you achieve this?
A) Create a read-only string field make it reportable.
B) Create an editable string field make it reportable.
C) Create a read-only string field make it reloadable.
D) Create an editable string field with enumerated values.
5. You configured merit guidelines as shown in the screenshot.
If an employee has a range penetration of 24% what would be the low to high guideline that would appear in the merit guideline column in the compensation worksheet?
A) 0%-0%
B) 1%-2%
C) 3%-5%
D) 2%-4%
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: D |
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