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| Section | Weight | Objectives |
|---|---|---|
| Bonus Calculation Methods | 20% | - Proration and adjustments - Calculation formulas and logic |
| Eligibility | 15% | - Employee inclusion/exclusion - Eligibility rules and criteria |
| Integration Scenarios | 3% | - Integration with Employee Central - Data synchronization |
| Reports and Reward Statements | 7% | - Reward statement generation - Standard and custom reports |
| Variable Pay Program Settings | 20% | - Plan setup and general parameters - Program configuration |
| Employee History and Background Elements | 10% | - History records management - Data import and mapping |
| Variable Pay Form | 10% | - Form configuration and layout - Workflow and approval setup |
| Business Goals and Goal Weights | 15% | - Weight assignment and scaling - Goal setup and linking |
1. Which scenario requires weights and mappings data file to be imported?
There are 3 correct answers to this question.
Response:
A) Change in business goal
B) Change in look up field
C) Change in bonus plan
D) Change in eligibility rule
E) Change in goal display order
2. When configuring goal gates, which options are valid to be used as GATE_LEVEL?
There are 3 correct answers to this question.
Response:
A) Individual Goals
B) Team Goals
C) Individual Section
D) Team Section
E) Business Goals
3. A new employee history file was reimported and the old employee history data is deleted. To update the form, which of the following activities do you need to do?
There are 2 correct answers to this question.
Response:
A) Run calculate bonus payout
B) Launch new worksheets
C) Delete old worksheets
D) Update all worksheets
4. The client has 3 business 3 business goals for their variable pay program: PROFIT, EBITA and NETSALES.
However, If their net sales is less than the payment(regardless of performance) and payout will b ezero.
How can one goal's performance affect the payout of another goal?
There are 2 correct answers to this question.
Response:
A) Use IF/THEN logic to modify the payout amount at the assignment level
B) Using the performance minimum in business goals
C) Using the gates option for business goals
D) Configuring an eligibility rule
5. How can an employee's target bonus value get prorated based on the employee's hire date?
Please choose the correct answer.
Response:
A) Calculate the percent of proration and put that percentage in the SALARY_PRORATING column on the user data file(UDF)
B) Make sure the SALARY_PRORATING_START_DATE in the user data file(UDF) is the employee's hire date
C) Set the includeSalaryProrating option to 'true' in the template XML and use date-based proration
D) Put the employee's hire date in the startDate for the assignment in the employee history file
Solutions:
| Question # 1 Answer: A,B,D | Question # 2 Answer: A,B,E | Question # 3 Answer: A,C | Question # 4 Answer: B,C | Question # 5 Answer: D |
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