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| Section | Weight | Objectives |
|---|---|---|
| Compensation Worksheets & Planning | 25% | - Merit, bonus and equity planning - Data import and validation - Budget management and allocation |
| Compensation Plan Template Configuration | 30% | - Worksheet layout and fields - Guidelines and eligibility rules - Template setup and structure |
| Reporting, Integration & Administration | 15% | - Data management and troubleshooting - Integration with Employee Central - Standard and custom reports |
| Workflows, Permissions & Route Maps | 15% | - Route map configuration - Role-based permissions - Approval workflow setup |
| Compensation Statements & Profile | 15% | - Compensation profile configuration - Statement design and generation |
1. When should you configure a compensation template using the second manager hierarchy?
Please choose the correct answer.
Response:
A) Your customer wants both the standard manager and the matrix manager to approve compensation.
B) Your customer wants to include inactive employees on the compensation worksheet.
C) Your customer has more than three manager approval levels in their route map.
D) Your customer wants someone other than the standard manager to make compensation recommendations.
2. Your customer has a compensation plan template with the functional currency EUR. The manager's own currency is USD.
The manager's compensation worksheet contains employees who are paidin the following currencies: EUR, USD, CHF and GBP.
Which view must you enable to make sure the manager can display the salary of all of their employees in USD?
Please choose the correct answer.
Choose one:
A) The includePlannerCurrency view
B) The includeAnyCurrency view
C) The includeFunctionalCurrency view
D) The includeLocalCurrency view
3. Which compensation function requires thejob code and pay grade mapping table?
Please choose the correct answer.
Response:
A) Compensation History
B) Cascading Budget
C) Calculating Compa-Ratio
D) Job Selector
4. Which of the following types of statements are available to use in Success Store for compensation?
There are 2 correct answers.
Response:
A) Standard personal variable pay statement
B) Combined personal Compensation and variable pay statement
C) Variable pay goal statement
D) Simple personal compensation statement
5. When must you configure a template to be local currency centric?
There are 2 correct answers.
Choose:
A) When you want to import employee salary in the currency in which the employee is paid.
B) When you want the system to assign each employee to the correct currency code based on the employee's country.
C) When you want the worksheet to display thebudget in the local currency of the planner.
D) When you want planners to input data in the currency type in which the employee is paid.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: A,D | Question # 5 Answer: A,C |
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