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1. When should you configure a compensation template using the Second Manager hierarchy? Note: There are 2 correct answers to this question.
A) Your customer wants only directors above to do planning.
B) Your customer has more than three manager approval levels in their route map.
C) Your customer wants someone other than the standard manager to make compensation recommendations.
D) Your customer wants to include HR in their route map.
2. Your client requests that no employee be eligible for a merit increase greater than 10%. Which configuration steps must you perform?
A) Enable a hard limit stop for the merit guideline in Admin Center.
*Set the maximum value to 0.10 for all guideline formulas.
B) Enable a hard limit stop for the merit guideline in Admin Center.
*Set the maximum value to 10 for all guideline formulas.
C) Set the guideline pattern to be low-high.
*Set the high value for all guidelines to be 10.
D) Create a guideline rule with the High/Low Action option set to Allow in Admin Center.
*Define each guideline formula with a default value of 10.
3. A customer wants to display a block of text on the compensation statement only if the merit increase percentage is greater than 10%. How would you proceed?
A) Configure a new percent field with a formula within the compensation template add this field to the statement template. Use this field in the conditional logic.
B) Configure an adjustment field to duplicate the merit field select the Show percent only radio button.Add this field to the statement template use it for the conditional logic.
C) Duplicate the standard merit field select the Show percent only radio button. Add this field to the statement template use it for the conditional logic.
D) Use conditional logic in the statement to only display the paragraph if merit is greater than 10.
4. 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) 0%-0%
B) 1%-2%
C) 3%-5%
D) 2%-4%
5. Your customer would like the Reward team to be able to override the final salary of the employee by directly entering in the final amount in Executive Review. However, they want to make sure that this is only possible during the last week of the planning cycle.
How can you achieve this?
A) Create a custom read-only Money field change read-only to No on the correct date.
B) Create a custom editable Money field. In the formula to calculate the final salary, use the dateDiff() function to determine if the custom column can override the calculated value.
C) Create a custom editable Money field with field-based permissions set to read-only. Change the permissions to editable on the correct date.
D) Create a custom editable Money field use custom validation to check that values are NOT entered until the correct date.
Solutions:
| Question # 1 Answer: A,C | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: B |
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