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| Section | Weight | Objectives |
|---|---|---|
| Bonus Plans | <8% | - Budget management - Plan structure and setup |
| Employee History Data and Background Elements | 12% | - Data import and mapping - Background element configuration |
| Integration Scenarios | 8-12% | - Data synchronization - Integration with Employee Central |
| Eligibility | 8-12% | - Employee eligibility verification - Eligibility rule creation |
| Bonus Calculation Methods | 8-12% | - Calculation formulas and logic - Proration and forecasting |
| Variable Pay Program Settings | 12% | - Program creation and configuration - Manage plan details and settings |
| Reports and Reward Statements | 8-12% | - Reward statement design - Standard and custom reporting |
| Business Goals and Goal Weights | 12% | - Goal setup and file upload - Weight assignment and mapping |
| Variable Pay Form | 8-12% | - Worksheet configuration - User interface customization |
1. In order to assign employees to a bonus plan, what relationships must be maintained?
A) Use a lookup field in the user data file
B) Assign the eligibility rule to a look up field in Eligibility data file
C) Assign the eligibility rule to a look up field in bonus plan data file
D) Use a lookup field in the employee history data file
2. What information is entered in the varPayProgramName column of the employee history data file? Please choose the correct answer.
A) The background type ID
B) The plan template name
C) The background element name
D) The variable pay objective plan id
3. Why would you need to use multiple bonus plans? There are 3 correct answers to this question.
A) Different Bonus eligibility rules
B) Different Business Goals weights
C) Different Bonus plan caps
D) Different Bonus Achievement calculations
E) Different set of business goals
4. Which object uses instance synchronization feature? Please choose the correct answer.
A) Variable pay statement template
B) Variable pay Program template
C) Currency conversion table
D) Lookup table
5. What information does the override report provide? Please choose the correct answer.
A) Employees who have an amount entered which varies from the default guideline amount
B) Employees who have an amount entered in the field total Final Payout
C) Identify employees who were moved based on the advanced setting of "Do not override manually updated employees"
D) Employees who have the section percent values modified from the default
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: C | Question # 3 Answer: B,C,E | Question # 4 Answer: D | Question # 5 Answer: B |
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