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NEW QUESTION # 38
A client has the following requirements: Executives have 3 business goals and NO individual performance metrics. Divisional VPs have 6 business goals and NO individual performance metrics. Directors have 6 business goals and individual performance weighted at 40%. Managers have 3 business goals and an individual performance multiplier. What is the minimum number of templates that can be configured to satisfy these requirements without the use of custom columns?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION # 39
Which field types can be added to the variable pay background section? Note: There are 3 correct answers to this question.
- A. Float fields
- B. Integer fields
- C. Percentage fields
- D. Text fields
- E. Boolean fields
Answer: A,B,D
NEW QUESTION # 40
How would you assign the same business goal to all employees in a non-EC integrated plan?
- A. Use the Manage Employee grouping.
- B. Use the user ID of each employee in the business goals file.
- C. Use the correct performance management form template.
- D. Use a common field value for all employees in the employee history file.
Answer: D
NEW QUESTION # 41
Which bonus plan configuration is available only when using an import file?
- A. Individual Section Weight
- B. Team Section Weight
- C. Bonus Plan Name
- D. Bonus Cap Percentage
Answer: D
NEW QUESTION # 42
Which mathematical operations can be used with standard bonus calculation equations? Note: There are 2 correct answers to this question.
- A. Subtraction
- B. Addition
- C. Division
- D. Multiplication
Answer: B,D
NEW QUESTION # 43
Your customer wants to use business goals in a Variable Pay program. Which actions are needed? Note: There are 3 correct answers to this question.
- A. Reference the Plan ID in the business goal data file.
- B. Upload the Business Goal XML template in Provisioning.
- C. Update eligibility rules to include a bonus plan.
- D. Reference the Plan ID in the Bonus Plan file.
- E. Assign the Business Goal template to the Variable Pay program.
Answer: A,C,D
NEW QUESTION # 44
A customer updated an employee's assignment date using the employee history editor, but the proration amount remained the same in the worksheet. How can you correct this?
- A. Calculate Bonus and Update worksheets.
- B. Delete the user from their worksheet and add them back into the worksheet.
- C. Update Goal Result and Update worksheets.
- D. Delete the existing worksheet and then launch a new set.
Answer: A
NEW QUESTION # 45
Which of the following are standard criteria that can be used to create guidelines in variable pay? Note: There are 3 correct answers to this question.
- A. Job level
- B. Pay grade
- C. Country
- D. Rating
- E. Division
Answer: A,B,D
NEW QUESTION # 46
An employee was part of the Consumer business unit from January 1-July 31 and transferred to the Corporate Support business unit beginning August 1. Based on the screenshot, what can you determine about this employee's eligibility?
- A. This employee is eligible for the BU plan for a portion of the plan year, from August 1-December 31.
- B. This employee is eligible for the BU plan for a portion of the plan year, from January 1-July 31.
- C. This employee is eligible for the Corp plan for the entire plan year, from January 1-December 31.
- D. This employees is eligible for the Corp plan from January 1-July 31 and the BU plan from August 1-December 31.
Answer: D
NEW QUESTION # 47
You are implementing an Employee Central-integrated Variable Pay template. The employee has 3 assignment records pulled from Employee Central, each with start and end dates within the bonus period, resulting in NO gaps or overlaps. What is the impact of the 3 assignment records on the payout?
- A. The last record is considered when the employee's bonus payout is calculated and the bonus is increased by 3X the target.
- B. Each record is considered when the employee's bonus payout is calculated and the bonus is prorated based on the dates of each record.
- C. The first record is considered when the employee's bonus payout is calculated and the bonus is increased by 3X the target.
- D. Each record is considered when the employee's bonus payout is calculated and the bonus is increased by 3X the target.
Answer: B
NEW QUESTION # 48
Where do you set the display order of the business goals?
- A. Business goal weights file
- B. Business goals file
- C. Bonus plan file
- D. Design Worksheet
Answer: A
NEW QUESTION # 49
Your customer launched the worksheets and found some employees are NOT appearing. Which reports would you run to troubleshoot the issue? Note: There are 3 correct answers to this question.
- A. Employee History report
- B. Aggregate report
- C. Variable Pay Audit report
- D. Export Ineligible Users
- E. Export Users Without Managers
Answer: A,C,E
NEW QUESTION # 50
What is the difference between additive and multiplicative formulas for bonus calculation with respect to the impact of section weight, payout percent, and payout amount?
- A. Additive formulas use payout percent, whereas multiplicative formulas use section weights.
- B. Additive formulas use section weights, whereas multiplicative formulas use payout percent.
- C. Additive formulas use payout percent, whereas multiplicative formulas use payout amount multiplied by section weights.
Answer: C
NEW QUESTION # 51
In which ways can the basis be configured in a non-EC integrated plan? Note: There are 2 correct answers to this question.
- A. Imported from goal management
- B. Imported from employee history
- C. Imported from bonus plan
- D. Imported from user data file
Answer: B,D
NEW QUESTION # 52
Which of the following can be achieved using variable pay gates? Notes: There are 2 correct answers to this question.
- A. There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The EBITDA goal will payout at 0% unless the Individual performance rating is "Good" or better.
- B. There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The entire business goal section will pay out at 50% unless Customer Satisfaction is above target.
- C. There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The EBITDA goal CANNOT pay more than 100% unless Revenue achieves above target.
- D. There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The Individual section is capped to 100% unless the combined payout of the business goals exceeds 75%.
Answer: A,B
NEW QUESTION # 53
How can you create worksheets where employees have planners outside their line manager hierarchy?
- A. Create the worksheets the same as in compensation planning and move employees to other managers through Employee Membership.
- B. Use the custom manager option for assigning employees in the user data file and in the route map.
- C. Create a Second Manager hierarchy and set the template to use this hierarchy instead of the Standard hierarchy.
- D. Assign the employees to matrix managers and use matrix managers in the route map.
Answer: C
NEW QUESTION # 54
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