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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Variable Pay Form | 8-12% | - Worksheet configuration - User interface customization |
| Topic 2: Bonus Calculation Methods | 8-12% | - Calculation formulas and logic - Proration and forecasting |
| Topic 3: Integration Scenarios | 8-12% | - Integration with Employee Central - Data synchronization |
| Topic 4: Eligibility | 8-12% | - Eligibility rule creation - Employee eligibility verification |
| Topic 5: Variable Pay Program Settings | 12% | - Program creation and configuration - Manage plan details and settings |
| Topic 6: Business Goals and Goal Weights | 12% | - Weight assignment and mapping - Goal setup and file upload |
| Topic 7: Bonus Plans | <8% | - Plan structure and setup - Budget management |
| Topic 8: Employee History Data and Background Elements | 12% | - Background element configuration - Data import and mapping |
| Topic 9: Reports and Reward Statements | 8-12% | - Standard and custom reporting - Reward statement design |
1. Customer variable pay program dates are January 1 to December 31, 2014. Given the screenshot below, what are proration and prorated target amount? Please choose the correct answer.
A) 75% and 6000 respectively
B) 25% and 2000 respectively
C) 25% and 6000 respectively
D) 75% and 2000 respectively
2. According to translation workbook, you need to translate all labels of fields. Which tools do you use? There are 2 correct answers to this question.
A) Plan setup advanced settings
B) Column Designer
C) Variable pay program XML template
D) Manage plan details
3. Which sequence should be followed for bonus forecast to work? Please choose the correct answer.
A) Create bonus forecast ] Upload Goals file Upload weights and mappings file
B) Upload goals file ] Upload weights and mappings file Create bonus forecast
C) Upload Goals file Create bonus forecast ] Upload weights and mapping file Upload goals file
D) Upload weights and mappings file ] Upload goals file Create bonus forecast
4. What report would you process to verify the calculation of business goal performance with the employee's target in their history?
Please choose the correct answer.
A) Bonus Payout Details
B) Bonus Payout
C) Business goal Performance
D) Employee History
5. This setting allows the use of unlimited payout points. Please choose the correct answer.
A) Multiplier setting
B) Bonus caps
C) Assignment based rating
D) Flexible payout curves
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C,D | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: D |
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