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| Section | Weight | Objectives |
|---|---|---|
| Reports and Reward Statements | 8% - 12% | - Configure reward statements - Export and share results - Generate standard and custom reports |
| Eligibility | 8% - 12% | - Assign bonus plans to eligible employees - Legacy and MDF eligibility rules - Enable compensation eligibility |
| Business Goals and Goal Weights | 8% - 12% | - Import business goals data - Define weights and payout functions - Create and manage business goal templates |
| Bonus Calculation Methods | 8% - 12% | - Final payout calculation - Additive and multiplicative formulas - Assignment-based rating |
| Integration Scenarios | 8% - 12% | - Hybrid and non-EC environments - Integration with Performance Management - Integration with SAP SuccessFactors Employee Central |
| Variable Pay Program Settings | 11% - 20% | - Plan templates and general settings - Currency and date configuration - Program configuration and setup |
| Employee History Data and Background Elements | 11% - 20% | - Configure background elements - Map data fields - Import and validate employee history data |
| Bonus Plans | 8% - 12% | - Plan type and formula selection - Link plans to business goals - Configure bonus plan attributes |
| Variable Pay Form | 8% - 12% | - Configure form layout and sections - Define fields and permissions - Form workflow and routing |
Question 1
A customer's variable pay program dates are January 1 to December 31, 2017. Given the screenshot below, what are the approximate Proration and Prorated Target Amount for this assignment?
A. 25% and 6,000 respectively
B. 25% and 2,000 respectively
C. 75% and 6,000 respectively
D. 75% and 2,000 respectively
Question 2
Which of the following scenarios are good uses of a global eligibility rule in an Employee Central integrated template? Note: There are 2 correct answers to this question.
A. Only employees who are active employees on January 1, 2020 are eligible to receive a bonus.
B. Only employees in bonus plans "Executive", "Manager" or "Employee" are eligible to receive a bonus.
C. Only Permanent full-time employees are eligible to receive a bonus.
D. Only employees who have had less than 20 days of unpaid leave during the bonus period are eligible for a bonus.
Question 3
Which of the following are standard criteria that can be used to create guidelines in variable pay? Note: There are 3 correct answers to this question.
A. Rating
B. Division
C. Job level
D. Pay grade
E. Country
Question 4
Which tools can employees use to see the final payout amount awarded to them? Note: There are 3 correct answers to this question.
A. Variable Pay Rewards Statement
B. Personal Compensation Statement Notification
C. Bonus Assignment Statement
D. Variable Pay Individual View
E. Combined Rewards Statement
Question 5
How can you create worksheets where employees have planners outside their line manager hierarchy?
A. Create the worksheets the same as in compensation planning and move employees to other managers through Employee Membership.
B. Use the custom manager option for assigning employees in the user data file and in the route map.
C. Assign the employees to matrix managers and use matrix managers in the route map.
D. Create a Second Manager hierarchy and set the template to use this hierarchy instead of the Standard hierarchy.
Solutions:
| Question 1 Answer: B | Question 2 Answer: A,C | Question 3 Answer: A,C,D | Question 4 Answer: A,B,E | Question 5 Answer: D |
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