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| Section | Objectives |
|---|---|
| Compensation Plan Setup | - Configure Compensation Plan Templates
|
| Implementation and Workflow | - Compensation Process Flow
|
| Reports and Analytics | - Compensation Reports
|
| Compensation Statements | - Statement Design and Generation
|
| Compensation Worksheets | - Worksheet Management
|
1. Your customer needs a budget that calculates a percentage of imported values for each employee on the compensation worksheet. Which Based On option can you use to fulfill this requirement? Please choose the correct answer.
A) Import
B) User
C) Template
D) Group
2. What must you do before importing a currency conversion table into Admin Tools? Please choose the correct answer.
A) Save the table in the most recent version of Microsoft Excel.
B) Remove column headers and commas from the file.
C) Include currency rates for both directions of every currency pair
D) Ensure all rates have fewer than three decimal places.
3. You configured merit guidelines as shown in the attached screenshot.
If an employee has a rating of 3.05 what would be the low to high guideline that would appear in the merit guideline column in the compensation worksheet?
Please choose the correct answer
A) 2% - 4%
B) 0% -10%
C) 3% - 5%
D) 0% - o%
4. 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.
An imported rating from the user data file for employees who do NOT have a PM form
B) A rating from a 360 form
A Comp Rating from the compensation worksheet for employees who do NOT have a 360 form
C) 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.
D) A rating from a Performance Management (PM) form
A Comp Rating from the compensation worksheet for employees who do NOT have a PM form.
5. You set the Reportable option of a custom field to true in the Column Designer. In which reports does this field appear?
A) Standard YouCalc widget
B) Rollup
C) Ad hoc
D) Aggregate export
E) Executive review
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: A,D | Question # 5 Answer: A,C,D |
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