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| Section | Objectives |
|---|---|
| Compensation Planning Execution | - Worksheet Management
|
| Compensation Administration and Overview | - Compensation Planning Concepts
|
| Eligibility and Guidelines | - Business Rules and Eligibility Engine
|
| Compensation Template Configuration | - Designing Compensation Worksheets
|
| Reporting and Integration | - Analytics and Integration
|
1. A customer's salary process has a Final Review step at the end of the route map during which the reward team reviews the recommendations that have been made to ensure budget spend meets limits. The merit guideline is based upon performance rating, compa-ratio, two custom fields, Country Job Family. The customer wishes that the merit increase is reset to the default when the Country changes for an employee, but NOT when the Job Family changes. How can this requirement be met?
A) Set the Force Default On Custom Column Change option within guidelines to Yes.
*Make sure the Country Job Family columns are both reloadable.
B) Set the Force Default On Rating Change option within guidelines to Yes.
*Make sure the Country column is reloadable Job Family is not.
C) Ensure the default value for all merit guidelines is non-zero.
*Make sure the Country Job Family columns are both reloadable.
D) Set the Force Default On Custom Column Change option within guidelines to Yes.
*Make sure the Country column is reloadable Job Family is not.
2. 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 min-max
*Hard Limit: No
*High/Low Action: Warn
D) In Display Settings use low-high
*Hard Limit: Yes
*High/Low Action: Allow
3. Which information is included in the rollup report? Note: There are 2 correct answers to this question.
A) The average bonus payout amount
B) The detail of planning decisions for each employee in the hierarchy
C) The sum of budget total spend for each division, department, or location
D) The sum of budget total spend for each planner in the hierarchy
4. How many custom columns may be used as Formula Criteria for Guidelines?
A) 3
B) 2
C) 4
D) There is no limit on custom columns
5. What checks can you make with the Check tool? Note: There are 2 correct answers to this question.
A) Reportable fields correctly configured
B) Accuracy of formula calculations
C) Circular hierarchies for form creation
D) Custom validations correctly configured
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: B,D | Question # 4 Answer: A | Question # 5 Answer: B,C |
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