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| Section | Objectives |
|---|---|
| Topic 1: Compensation Fundamentals | - Compensation Planning Concepts
|
| Topic 2: Compensation Worksheets Configuration | - Worksheet Setup
|
| Topic 3: Security and Permissions | - Role-Based Permissions
|
| Topic 4: Reporting and Analysis | - Compensation Reporting
|
| Topic 5: Data Integration and Administration | - Integration Points
|
1. Which operators can you create formulas?
There are 3 correct answers.
Response:
A) *
B) <<
C) #
D) /
E) +
2. Your customer's budget for merit is 3% of the employee's annual salary. A full time employee has worked
for the company for half of the year. The guidelines for this employee show adjusted values for the 50%
work time.
Your customer does NOT want to give the manager the full budget for this employee. Only 50% of the
employee's calculated budget is to be included in the budget total. How can you accomplish this?
Please choose the correct answer.
Response:
A) Set 50% as the value for the employee in the user data file (UDF) field COMPENSATION_FTE.
B) Enable prorating in the guidelines in the Admin Tools.
C) Enable prorating in the budget calculation in the Admin Tool.
D) Set 50% for the value in the user data file (UDF) field SALARY_BUDGET_MERIT_PERCENTAGE.
3. You configure the following salary rule in the compensation plan template XML.
< comp-salary-rule benchmark="range-penetration" useFor="merit"
actionOnExceed="disallow"><comp-salary-rule-threshold>100.0</comp-salary-rule-threshold><message
-on-exceed><![CDATA[
You have exceeded the maximum of the salary range.
]]></message-on-exceed></comp-salary-rule>
On the compensation worksheet, a planner enters a merit increase, which puts the employee's final salary
over the maximum for the salary range. How does the system behave?
Response:
A) The rule alerts the planner that the range penetration threshold has been exceeded and the merit field
text turns red. The planner saves the merit recommendation.
B) A popup message asks the planner if the exceeded amount should be assigned to lump sum. The
planner can save the merit recommendation by selecting "Cancel" in the pop-up message.
C) The rule prevents the planner from saving the merit increase. The planner must go back and change
their merit recommendation.
D) A popup message asks the planner if the exceeded amount should be assigned to lump sum. The
planner cannot save the merit increase by selecting "Cancel" in the pop-up message.
4. Which compensation permissions are typically enabled for human resource business partners?
There are 3correct answers.
Choose:
A) Change User Information
B) Manage Plan Template
C) Run Ad Hoc Reports
D) Compensation Management
E) Executive Review Read
5. When should you configure a compensation template using the second manager hierarchy?
Please choose the correct answer.
Response:
A) Your customer wants both the standard manager and the matrix manager to approve compensation.
B) Your customer has more than three manager approval levels in their route map.
C) Your customer wants to include inactive employees on the compensation worksheet.
D) Your customer wants someone other than the standard manager to make compensation
recommendations.
Solutions:
| Question # 1 Answer: A,D,E | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: C,D,E | Question # 5 Answer: D |
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