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| Section | Weight | Objectives |
|---|---|---|
| Guidelines and Eligibility | 10%-14% | - Eligibility rules and criteria - Guideline configuration - Standard vs custom guidelines |
| Integration and Advanced Features | 6%-10% | - Route map configuration - Integration with Employee Central - LTI and stock plans |
| Budget Management | 12%-16% | - Budget setup and allocation - Budget calculation and adjustment - Cascading budget configuration |
| Compensation Plan Template Configuration | 16%-20% | - Role-based permissions (RBP) - Template setup and creation - XML configuration and Success Store |
| Compensation Data and Calculations | 18%-22% | - Compa-ratio and range penetration - Job code and pay grade mapping - Salary and adjustment calculations |
| Compensation Statements and Reporting | 8%-12% | - Compensation history setup - Ad hoc reports and dashboards - Statement template design |
| Worksheet Design and Display | 14%-18% | - Executive review settings - Column and field configuration - Formulas and business rules |
1. Where must you update the instructions that appear at the top of a compensation worksheet?
Please choose the correct answer.
Choose one:
A) Under Admin Tool -> Plan Setup -> Settings
B) Under Admin Tool -> Plan Setup -> Design Worksheet
C) Under Provisioning -> Company Setting
D) Under Provisioning ->Succession Data Mode
2. In Admin Tools, you load a pay matrix table as shown in the attached screenshot. You map attribute 1 to
business unit and attribute 2 department. On the compensation worksheet, an employee is in the
Operations department, the ABC business unit, and pay grade 3. The employee's current range
penetration is calculated as exactly 100%
What is the employee's current annual salary?
Please choose the correct answer.
Choose one:
A) 90000
B) 85000
C) 72000
D) 66000
3. Where can you assign route maps to compensation plan templates?
Please choose the correct answer.
Response:
A) Under Admin Tool -> Manage Route maps
B) Under Provisioning -> Form Template Administration
C) Under Admin Tool ->Plan Setup -> Settings
D) Under Provisioning -> Company Setting
4. Your customer needs to remove a compensation statement from the system for one employee that was
NOT eligible for a merit increase. How can you accomplish this? Please choose the correct answer.
Choose one:
A) Recall the compensation statement for the employee.
B) Make the employee ineligible for a merit increase using the eligibility engine.
C) Remove the employee from the compensation form and regenerate the statement
D) Remove the employee from the compensation form and run the 'Update all worksheet' job.
5. What are the advantages of the Percent of Merit Target budget mode? Please choose the correct answer.
Choose one:
A) It is easy to configure since it is based on employee performance and benchmarks.
B) It is dynamic since budgets recalculate when new targets are loaded.
C) It is client-specific and uses custom calculations if needed.
D) It is flexible since it is NOT based on users' imported salaries.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: D |
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