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1. Your customer's budget for merit is 3% of the employee's annual salary. A full time employee has worked for the company for half of the year. The guidelines for this employee show adjusted values for the 50% work time. Your customer does NOT want to give the manager the full budget for this employee. Only 50% of the employee's calculated budget is to be included in the budget total. How can you accomplish this? Please choose the correct answer.
A) Set 50% as the value for the employee in the user data file (UDF) field COMPENSATION_FTE.
B) Enable prorating in the budget calculation in the Admin Tool.
C) Set 50% for the value in the user data file (UDF) field SALARY_BUDGET_MERIT_PERCENTAGE.
D) Enable prorating in the guidelines in the Admin Tools.
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.
A) 72000
B) 66000
C) 90000
D) 85000
3. Which compensation column in the User Data File (UDF) is required for multi-currency deployments? Please choose the correct answer.
A) Salary type
B) Local currency code
C) Country
D) Functional currency code
4. What can you do with a compensation profile? There are 3 correct answers.
A) Enter recommendations.
B) View budget.
C) Promote an employee
D) Display salary history.
E) Import salary history into the profile
5. Which rating source combinations can you use to configure a compensation plan template? There are 2 correct answers.
A) A rating from a Performance Management (PM) form.
A rating from a different PM form depending on which PM form was assigned to an employee.
B) A rating from a Performance Management (PM) form
A Comp Rating from the compensation worksheet for employees who do NOT have a PM form.
C) A rating from a Performance Management (PM) form.
An imported rating from the user data file for employees who do NOT have a PM form
D) A rating from a 360 form
A Comp Rating from the compensation worksheet for employees who do NOT have a 360 form
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: A,D,E | Question # 5 Answer: B,C |
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