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1. Due to some company reorganizations and rapid career advancement, an employee at your client has the following data in Employee Central: On the Variable Pay template, there is a custom string column that is mapped to the Job Title field on the Job Information portlet in Employee Central. The Effective Date of the template is June 1, 2020. The Bonus Period is from January 1, 2020 to December 31, 2020. What is displayed in the Job Title field when the forms are launched?
A) Sales Advisor
B) Marketing Manager
C) Sales Associate
D) Marketing Assistant
2. A public sector company would like to pay one business goal according to the following guidelines: If the company makes profits, employees get 100% of their target payout. If the company loses
$50,000, employees get 50% of their target payout. If the company loses $100,000 or more, nobody receives a payout. Finance provides administrators with the final amount on February 1 every year. How should your customer create this interpolated business goal?
A) Load metrics as: performanceMin= 0, performanceTarget= 50, performanceMax= 100
B) Use the Direct Payout function type and load 40,000 as achievement.
C) Load metrics as: performanceMin=-100,000, performanceTarget=-50,000, performanceMax=0
D) Use the Direct Payout function type and load 100,000 as achievement.
3. Which Variable Pay report shows employees that have less than the full plan year of eligibility?
A) Bonus Payout Details report
B) Employee History Overlaps report
C) Employee History Gaps report
D) Employee History report
4. Which scenario requires the weights and mappings data file to be reimported?
A) Change in eligibility rule criteria
B) Update in an employee's assignment date
C) Change in business goal name
D) Update in bonus cap
5. What information should be entered into the varPayProgramName column of the employee history data file?
A) The background type ID
B) The plan template name
C) The variable pay objective plan ID
D) The background element name
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: B |
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