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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Variable Pay Program Settings | 12% | - Manage plan details and settings - Program creation and configuration |
| Topic 2: Business Goals and Goal Weights | 12% | - Weight assignment and mapping - Goal setup and file upload |
| Topic 3: Variable Pay Form | 8-12% | - Worksheet configuration - User interface customization |
| Topic 4: Eligibility | 8-12% | - Employee eligibility verification - Eligibility rule creation |
| Topic 5: Bonus Plans | <8% | - Budget management - Plan structure and setup |
| Topic 6: Employee History Data and Background Elements | 12% | - Background element configuration - Data import and mapping |
| Topic 7: Bonus Calculation Methods | 8-12% | - Proration and forecasting - Calculation formulas and logic |
| Topic 8: Integration Scenarios | 8-12% | - Data synchronization - Integration with Employee Central |
| Topic 9: Reports and Reward Statements | 8-12% | - Reward statement design - Standard and custom reporting |
1. What are the required fields in the eligibility data file? There are 2 correct answers to this question.
A) Eligibility Rule
B) Plan ID
C) Rule ID
D) Value
2. 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) Employee History
B) Bonus Payout Details
C) Business goal Performance
D) Bonus Payout
3. Your customer has the following bonus plan eligibility requirements:
a. Hire date is on or before "8th Sept 2015"
b. Business unit is equal to "HR" or location is equal to "East" Which option can be used to fulfil this requirement? Please choose the correct answer.
A) Use bonus plan data file import
B) Use configure business rules
C) Use compensation eligibility rules
D) Use eligibility rule data file import
4. Your customer wants to round to the nearest tenth for money fields. Which rounding rules can you use? There are 2 correct answers to this question.
A) ####, 0
B) #, ###, #
C) ###, ###
D) ###, 000
5. Your customer uses role-based permissions. The Variable pay administrator imports the Employee History Data which contains the assignment history for all employees Which data is uploaded?
A) Data for employees who are in the admin's Target population.
B) Data for employees who are in the admin's Dynamic group
C) Data for all employees, when the option "Import file contains assignment history for all employees" is checked
D) Data for all employees, when the option "Delete all existing records prior to importing new data" is checked.
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: C,D | Question # 5 Answer: D |
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