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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Compensation Plan Template Configuration | 30% | - Template setup and structure - Guidelines and eligibility rules - Worksheet layout and fields |
| Topic 2: Workflows, Permissions & Route Maps | 15% | - Role-based permissions - Approval workflow setup - Route map configuration |
| Topic 3: Compensation Worksheets & Planning | 25% | - Budget management and allocation - Merit, bonus and equity planning - Data import and validation |
| Topic 4: Reporting, Integration & Administration | 15% | - Data management and troubleshooting - Integration with Employee Central - Standard and custom reports |
| Topic 5: Compensation Statements & Profile | 15% | - Statement design and generation - Compensation profile configuration |
1. Your client wants a graphical representation of performance distribution data in the Metrics section of a compensation worksheet. How can you achieve this?
There are 3 correct answers.
Response:
A) Use the standard pivot query reporting for compensation.
B) Add the <como-youcalc-application> tag to the compensation plan template XML.
C) Select the 'Enable YouCalc widget on compensation form' option in Provisioning.
D) Add the SuccessStore standard compensation salary widget in the Admin Tools.
E) Upload the standard compensation salary widget epix file in the Admin Tools.
2. Which compensation column inthe User Data File (UDF) is required for multi-currency deployments?
Please choose the correct answer.
Response:
A) Salary type
B) Functional currency code
C) Country
D) Local currency code
3. Your customer is an international company with a wide variety of salary ranges. The customer wants to use compa ratio to determine merit guidelines. How could you configure the pay matrix table for this client?
Please choose the correct answer.
Response:
A) Annualize all salary ranges.
B) Use functional currency for the salary ranges.
C) Add the pay grade as a valuein the pay matrix table.
D) Use four custom attributes.
4. What are the advantages of the PercentofMeritTarget budget mode? Please choose the correct answer.
Choose one:
A) It is client-specific and uses custom calculations if needed.
B) It is easy to configure since it is based on employee performance and benchmarks.
C) It is dynamic since budgets recalculatewhen new targets are loaded.
D) It is flexible since it is NOT based on users' imported salaries.
5. A planner recommends a $5000 equity award. Using the stock value table as shown in the attached screenshot and a 50/50 value awardsplit between stock and options, how many units of each does the employee receive?
Please choose the correct answer.
Response:
A) 200 shares of stock and 334 options
B) 125 shares of stock and 125 options
C) 25 shares of stock and 15 options
D) 100 shares of stock and 167 options
Solutions:
| Question # 1 Answer: B,C,E | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: D |
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