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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Compensation Worksheets & Fields | 25% | - Guidelines & Validation Rules - Form Layout & Design - Standard & Custom Fields - Field Attributes & Permissions |
| Topic 2: Compensation Planning & Budgeting | 20% | - Range Penetration & Compa-Ratio - Budget Setup & Distribution - Merit, Bonus & Equity Planning - Budget Roll-up & Approval |
| Topic 3: Workflows, Statements & Reporting | 15% | - Workflow Configuration - Compensation Statements - Ad Hoc & Standard Reports - Executive Review |
| Topic 4: Compensation Plan Setup & Configuration | 25% | - Eligibility Rules - Plan Dates & Cycles - Role-Based Permissions - Plan Template Creation |
| Topic 5: Data Integration & Employee Central | 15% | - HRIS Sync & Validation - Data Import & Mapping - Refresh & Reload Mechanisms - EC Integration Configuration |
Question 1
Your client has a salary template with a performance form attached The Completed Only option is set to No for this template. For this client the Performance forms are assigned in January to all employees for a goal setting process and then remain open for the entire year before getting their final rating in December The Salary forms are launched at the end of December and are open until the following end of January After the salary forms are launched, the Reward team realized that some employees who joined after January 1 do not have performance forms and launches them One of these new hires is rated Good in the performance form. How will this rating appear on the Salary worksheet?
A. Unrated
B. Good
C. Too new to rate
D. N/A
Question 2
You configured merit guidelines as shown in the screenshot.If an employee has a range penetration of 24% what would be the low to high guideline that would appear in the merit guideline column in the compensation worksheet?
A. O 1%-2%
B. 0%-0%
C. 3%-5%
D. O 2%-4%
Question 3
What types of custom fields can you use as formula criteria within the guidelines.Note There are 2 correct answers to this question.
A. Money fields based on a custom formula calculation
B. String fields based on a custom formula calculation
C. Date fields uploaded from the User Data File
D. Percent fields input on the worksheet
Question 4
You set up a merit guideline rule based on the performance rating and country. You configure guideline formulas as shown in the screenshot. See image below.
An employee in the USA has a rating of 4.What would be their default merit increase?
A. 0.04
B. 0.01
C. 0
D. 0.02
Question 5
For which customer requirement do you need to develop a custom statement?
A. Pie graph showing compensation element attribution
B. Mix of data from compensation and variable pay
C. Field visibility is conditional on amount
D. Different statements per employee group
Solutions:
| Question 1 Answer: A | Question 2 Answer: B | Question 3 Answer: C,D | Question 4 Answer: D | Question 5 Answer: A |
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