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| Section | Objectives |
|---|---|
| Eligibility and Guidelines | - Business Rules and Eligibility Engine
|
| Compensation Planning Execution | - Worksheet Management
|
| Compensation Administration and Overview | - Compensation Planning Concepts
|
| Compensation Template Configuration | - Designing Compensation Worksheets
|
| Reporting and Integration | - Analytics and Integration
|
1. Which information is included in the rollup report? Note: There are 2 correct answers to this question.
A) The detail of planning decisions for each employee in the hierarchy
B) The sum of budget total spend for each division, department, or location
C) The sum of budget total spend for each planner in the hierarchy
D) The average bonus payout amount
2. In an EC-integrated implementation, which of the following EC elements can be used to map fields? Note:
There are 3 correct answers to this question.
A) Biographical Information
B) MDF Objects
C) Time Off
D) Background Elements
E) Pay Components
3. What is the recommended leading practice workflow for a compensation template?
A) Process Setup Manager Planning # Next Level Manager Review # Third Level Manager Review # Complete
B) Manager Planning # Next Level Manager Review # HR Manager Planning # Complete
C) Process Setup # Manager Planning # Next Level Manager Review # Final Review # Complete
D) Manager Planning # Next Level Manager Review # Compensation Admin Review # HR Manager Planning # Complete
4. 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
5. Your client wants to restrict entry into the Lump Sum field to only members of the reward team. How can you achieve this?
A) Use field-based permissions on the Lump Sum field a permission group of named individuals.
B) Update guidelines to put a hard stop on the Lump Sum field set all of the guideline values to 0.
C) Use mass actions through the Executive Review.
D) Set the Lump Sum field to read-only to prevent planners from using it.
Solutions:
| Question # 1 Answer: A,C | Question # 2 Answer: A,B,E | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: A |
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