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| Section | Objectives |
|---|---|
| Reporting and Analytics | - Compensation Reports - Executive Review Dashboards |
| Compensation Administration | - Compensation Process Configuration - Compensation Planning Overview |
| Eligibility and Guidelines | - Merit and Budget Guidelines - Employee Eligibility Rules |
| Compensation Templates and Forms | - Routing and Permissions - Template Configuration |
| Variable Pay | - Bonus Calculation and Rules - Variable Pay Plans Setup |
1. You configure the following salary rule in the compensation plan template XML.
<comp-salary-rule useFor="merit" benchmark="range-penetration" 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?
Please choose the correct answer.
Response:
A) The rule prevents the planner from saving the merit increase. The planner must go back and change their merit recommendation.
B) 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.
C) 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.
D) 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.
2. No configuration is required for the migration of the Effective dated Currency Conversion feature.
Please choose the correct answer.
Response:
A) False
B) True
3. Which elements are controlled by Role Based Permissions?
There are TWO answers for this question
Response:
A) Compensation forms
B) Compensation workflow
C) Compensation Home tabs
D) Executive review
4. This report can be integrated on the worksheet to display real time compensation metrics.
Please choose the correct answer.
Response:
A) Adhoc Reports
B) You Calc dashboard
C) Spreadsheet Reports
D) Summary dashboard
E) Scheduled Reports
5. An Aggregate Export
Please choose the correct answer.
Response:
A) Provides a summary of compensation data and budget information. It also allows you to see exactly what the compensation planner sees using drill-down capability into individual compensation worksheets.
B) Allows the administrator to export all of the compensation data within the system, most commonly to import into some other system or the HRIS
C) Are premium reports which requires a different implementation
D) Allows a user to create their own report in a user-friendly report builder tool Is a graphical representation of certain key data in the Metrics section of a compensation worksheet
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: C,D | Question # 4 Answer: B | Question # 5 Answer: B |
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