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| Section | Weight | Objectives |
|---|---|---|
| Reporting, Statements and Workflows | 15% | - Compensation statement generation - Approval workflows and routing - Standard and custom reports |
| Data Integration and Import | 10% | - User data file import - Integration with Employee Central - Compensation data migration |
| Compensation Elements and Calculations | 20% | - Proration and currency conversion - Salary, bonus, and equity components - Formulas and custom calculations |
| Compensation Plan Setup and Configuration | 20% | - Guideline tables and lookup rules - Plan settings and eligibility rules - Template creation and configuration |
| Budget Management | 15% | - Budget validation and adjustment - Budget calculation and allocation - Budget display and reporting |
| Compensation Worksheets and Interface | 20% | - Worksheet layout and field configuration - Hierarchies and route maps - Permissions and role-based access |
1. You set up a merit guideline rule based on the performance rating. You import guideline formulas as shown in the attached screenshot. According to the imported formulas, what is the minimum merit guideline if an employee's performance rating is 4? Please choose the correct answer.
A) 1%
B) 0%
C) 2%
D) 4%
2. You have created a route map and have entered information for all options in each step. You have also configured To Dos for the Home Page.
Which field appears in the planner's To Do List on the Home Page when the worksheet is in their inbox?
Please choose the correct answer.
A) Step Description
B) Step Introduction & Mouseover Text
C) Step Name
D) Step ID
3. Your customer's budget for merit is 3% of the employee's annual salary. A full time employee has worked for the company for half of the year. The guidelines for this employee show adjusted values for the 50% work time. Your customer does NOT want to give the manager the full budget for this employee. Only 50% of the employee's calculated budget is to be included in the budget total. How can you accomplish this? Please choose the correct answer.
A) Enable prorating in the budget calculation in the Admin Tool.
B) Set 50% as the value for the employee in the user data file (UDF) field COMPENSATION_FTE.
C) Set 50% for the value in the user data file (UDF) field SALARY_BUDGET_MERIT_PERCENTAGE.
D) Enable prorating in the guidelines in the Admin Tools.
4. Which actions can you perform on the Add/Edit Statement Templates screen in Admin Tools when creating a compensation statement from SuccessStore templates? There are 3 correct answers.
A) Configure the statement for multiple languages.
B) Configure the statement to include conditional logic for the statement text.
C) Customize the statement text to fit your customer's company and culture.
D) Change the order of the compensation fields.
E) Reference the company logo URL and change the title of the statement.
5. What are the advantages of the PercentofMeritTarget budget mode? Please choose the correct answer.
A) It is dynamic since budgets recalculate when new targets are loaded.
B) It is client-specific and uses custom calculations if needed.
C) It is easy to configure since it is based on employee performance and benchmarks.
D) It is flexible since it is NOT based on users' imported salaries.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: C,D,E | Question # 5 Answer: D |
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