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1. What is the recommended leading practice workflow for a compensation template?
A) Process Setup # Manager Planning # Next Level Manager Review # Final Review # Complete
B) Manager Planning # Next Level Manager Review # HR Manager Planning # Complete
C) Manager Planning # Next Level Manager Review # Compensation Admin Review # HR Manager Planning # Complete
D) Process Setup Manager Planning # Next Level Manager Review # Third Level Manager Review # Complete
2. Your customer has the requirement where both sales non-sales employees are included on a single compensation template. However, only sales employees are eligible for a lump sum award.
How can you configure a single standard compensation statement template to ensure that just sales employees have a Lump Sum item displayed on their letter?
A) You can hide the Lump Sum column on the compensation worksheet using Field-Based Permissions. If the column is hidden on the worksheet, it won't appear on the statement.
B) You can include the Lump Sum item in the statement template set a condition on its display so that it will only be shown if it is greater than 0.
C) You cannot do this with a single statement template; a second template must be created to include this item statement groups used to assign the templates appropriately.
D) You can include the Lump Sum item in the statement template put a disclaimer in the signature section alerting non-sales employees that that item pertains only to sales employees.
3. 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) Set the Lump Sum field to read-only to prevent planners from using it.
C) Use mass actions through the Executive Review.
D) Update guidelines to put a hard stop on the Lump Sum field set all of the guideline values to 0.
4. At the start of the calendar year, all employees are assigned a Performance form. At the end of the year, Salary forms are launched the performance ratings for most employees are displayed correctly, but all new hires are displayed as "N/A". Administrators realize that any employee that joined during the year is missing a Performance form, so they launch a PM form for each new hire.
All new hires are assigned a rating of "Good".
How will these ratings appear on the Salary worksheet?
A) N/A
B) Good
C) Too new to rate
D) Unrated
5. Your client wishes to limit new employee salaries so that no employee can exceed 125% compa- ratio. They do not award lump sums.
How can you configure the worksheet to meet this requirement? Note: There are 2 correct answers to this question.
A) Create a custom validation of type Error to ensure that the column compaRatio is less than 125.
B) Create a standard validation of type "disallow" action "exceed" with the Threshold at 125.
C) Create a custom validation of type Error to ensure that the column curRatio is less than 125.
D) Create a standard validation of type "splitOrDisallow" action "exceed" with the Threshold at 125.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: A,B |
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