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| Section | Weight | Objectives |
|---|---|---|
| Compensation Data and Calculations | 18%-22% | - Job code and pay grade mapping - Compa-ratio and range penetration - Salary and adjustment calculations |
| Compensation Statements and Reporting | 8%-12% | - Compensation history setup - Ad hoc reports and dashboards - Statement template design |
| Guidelines and Eligibility | 10%-14% | - Standard vs custom guidelines - Eligibility rules and criteria - Guideline configuration |
| Budget Management | 12%-16% | - Cascading budget configuration - Budget calculation and adjustment - Budget setup and allocation |
| Worksheet Design and Display | 14%-18% | - Executive review settings - Formulas and business rules - Column and field configuration |
| Integration and Advanced Features | 6%-10% | - LTI and stock plans - Integration with Employee Central - Route map configuration |
| Compensation Plan Template Configuration | 16%-20% | - Role-based permissions (RBP) - XML configuration and Success Store - Template setup and creation |
1. What are the advantages of the Percent of Merit Target budget mode?
Please choose the correct answer.
Response:
A) It is flexible since it is NOT based on users' imported salaries.
B) It is dynamic since budgets recalculate when new targets are loaded.
C) It is easy to configure since it is based on employee performance and benchmarks.
D) It is client-specific and uses custom calculations if needed.
2. You set up a merit guideline rule based on the performance rating. You import guideline formulas as
shown in the attached screenshot. According to the imported formulas, what is the minimum merit
guideline if an employee's performance rating is 4?
Please choose the correct answer.
Choose one:
A) 1%
B) 2%
C) 0%
D) 4%
3. Which rating source combinations can you use to configure a compensation plan template?
There are 2 correct answers.
Response:
A) A rating from a 360 form. A Comp Rating from the compensation worksheet for employees who do
NOT have a 360 form.
B) 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
C) A rating from a Performance Management (PM) form. A Comp Rating from the compensation
worksheet for employees who do NOT have a PM form.
D) 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.
4. For which of the following roles can you grant legacy permission to view the personal compensation
statements of an employee?
There are 3 correct answers to this question.
Response:
A) Compensation Administrator
B) HR Representative
C) Custom Manager
D) System Administrator
E) Employee
5. You configure the following salary rule in the compensation plan template XML.
< comp-salary-rule benchmark="range-penetration" useFor="merit"
actionOnExceed="disallow"><comp-salary-rule-threshold>100.0</comp-salary-rule-threshold><message
-on-exceed><![CDATA[
You have exceeded the maximum of the salary range.
]]></message-on-exceed></comp-salary-rule>
On the compensation worksheet, a planner enters a merit increase, which puts the employee's final salary
over the maximum for the salary range. How does the system behave?
Response:
A) A popup message asks the planner if the exceeded amount should be assigned to lump sum. The
planner cannot save the merit increase by selecting "Cancel" in the pop-up message.
B) The rule prevents the planner from saving the merit increase. The planner must go back and change
their merit recommendation.
C) A popup message asks the planner if the exceeded amount should be assigned to lump sum. The
planner can save the merit recommendation by selecting "Cancel" in the pop-up message.
D) The rule alerts the planner that the range penetration threshold has been exceeded and the merit field
text turns red. The planner saves the merit recommendation.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: B,C | Question # 4 Answer: A,B,D | Question # 5 Answer: B |
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