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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Reports and Reward Statements | 8-12% | - Reward statement design - Standard and custom reporting |
| Topic 2: Variable Pay Form | 8-12% | - User interface customization - Worksheet configuration |
| Topic 3: Integration Scenarios | 8-12% | - Integration with Employee Central - Data synchronization |
| Topic 4: Bonus Plans | <8% | - Plan structure and setup - Budget management |
| Topic 5: Employee History Data and Background Elements | 12% | - Data import and mapping - Background element configuration |
| Topic 6: Eligibility | 8-12% | - Eligibility rule creation - Employee eligibility verification |
| Topic 7: Bonus Calculation Methods | 8-12% | - Calculation formulas and logic - Proration and forecasting |
| Topic 8: Variable Pay Program Settings | 12% | - Program creation and configuration - Manage plan details and settings |
| Topic 9: Business Goals and Goal Weights | 12% | - Goal setup and file upload - Weight assignment and mapping |
1. The employee history data file import process was completed but returned with errors.
Given the image below, which column is causing the error message?
A) The endDate column
B) The basis column
C) The salary column
D) The tgtpct column
2. What does a point-in-time calculation mean? Please choose the correct answer
A) Employee assignment will not be pro-rated
B) Target amount is based on a fixed date
C) Goal payout will not be pro-rated
D) Target amount is based on effective date of each assignment
3. Company ABC rewards its sales employees based on company and individual performance. An employee's individual performance is worth 80% of the total payout and business goals are worth 20% of the total payout. The business goals art corporate revenue, weighted 40% and corporate operating income amount, weighted 60%.
The employee target bonus is
$1,000.
Corporate revenue amount 50%
Corporate operating income amount 100%
Target Individual Amount 120%
What is the final bonus payout amount?
Please choose the correct answer.
A) $1,000
B) $960
C) $1,160
D) $1,120
4. Why would you use the background element for variable pay? Please choose the correct answer.
A) To define the fields for business goals file
B) To define the fields for bonus plan file
C) To define the fields of variable pay portlet in employee profile
D) To define the fields for employee history data file
5. This feature allows administrator to restrict field visibility to certain roles. Please choose the correct answer.
A) Field-Based permission
B) Field restriction is not supported
C) Read only function in Column Designer
D) Field grouping
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: A |
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