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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Individual Compensation | 20% | - Define and configure individual compensation plans - Set up approvals, history and eligibility |
| Topic 2: Workforce Compensation | 25% | - Plan design, setup and configuration - Validation, batch processes and change statements - Performance ratings, approvals and administration - Budgets, models, worksheets and cycles |
| Topic 3: Elements, Balances, and Formulas | 15% | - Explain element classifications and eligibility - Configure balances and formulas for compensation |
| Topic 4: Total Compensation Statements | 15% | - Generate and manage compensation statements - Define statement definitions and items |
| Topic 5: Base Pay Configuration | 25% | - Set up salary basis and components - Manage grade rates, salary ranges and progression ladders - Configure compensation zones and base pay structures |
1. The compensation administrator wants to run the batch process to administer the compensation cycle. Which are the four valid batch processes in terms of the compensation module? (Choose four.)
A) Transfer Workforce Compensation Data to HR
B) Start Workforce Compensation Cycle
C) Adjust Workforce Compensation Enrollment Window
D) Evaluate Workforce Compensation Participation
E) Back Out Workforce Compensation Data
F) Refresh Workforce Compensation Data
2. You are the compensation manager of a corporation. Which four tasks can you perform while administering compensation for your workforce? (Choose four.)
A) Maintain currency rates and access to plans from the watchlist.
B) Analyze plan results.
C) Override line manager allocations, job changes, and performance ratings.
D) Create and manage models for use by line managers or by administrators to distribute compensation directly to employees.
E) Run processes to initiate a compensation cycle.
F) Override line manager allocations, job changes, and performance ratings.
3. The compensation administrator has configured an Annual Salary Review plan that is linked to the performance of employees so that the annual increment amount is based on the rating that an employee has received in the performance evaluation. The percentages are fixed for each of the ratings by using the dynamic column. All the managers have completed updating the worksheet and the information has been transferred to HR by running the Transfer Workforce Compensation Data to HR process.
After this, the compensation administrator realizes that the increment percentages for each of the ratings used in the dynamic column were incorrect. Now each of these incorrect salary records should be deleted and new correct salary record entries should be made for the employees in Manage Salary.
How should you accomplish this? (Choose the best answer.)
A) Run the Back Out Workforce Compensation Data process, correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and rerun the same compensation plan.
B) Run the Back Out Workforce Compensation Data process, correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and rerun the same compensation plan. Finally transfer the data to HR.
C) Change the plan status to Inactivate and create a new compensation plan with correct percentage increase for each of the ratings.
D) Run the Back Out Workforce Compensation Data process, run the Refresh Workforce Compensation Data process, return the same compensation plan, and then transfer the data to HR.
E) Correct the percentage increase for each of the ratings, run the Refresh Workforce Compensation Data process, and return the same compensation plan.
4. Your customer's company spans multiple countries. It follows a global salary increase process in the month of May and awards bonuses twice a year in the month of June and December for workers who are employed in various countries. As an implementation consultant, you must define Statement Periods for the Compensation Statement. Which three options will you consider? (Choose three.)
A) the date when merit increases are awarded to workers
B) the conversion rate date for currency conversions
C) an optional welcome message
D) the date when bonus is awarded to workers
E) the date that statements become available to workers
5. What are the two correct options with respect to budgeting when the salary has multiple components? (Choose two.)
A) Multiple components cannot have a single budget.
B) Budgets cannot be separate for each component.
C) Multiple components can have a single budget.
D) Budgets can be separate for each component.
Solutions:
| Question # 1 Answer: A,B,E,F | Question # 2 Answer: C,D,E,F | Question # 3 Answer: C | Question # 4 Answer: C,D,E | Question # 5 Answer: C,D |
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