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| Section | Objectives |
|---|---|
| Implementation and Workflow | - Compensation Process Flow
|
| Compensation Statements | - Statement Design and Generation
|
| Reports and Analytics | - Compensation Reports
|
| Compensation Worksheets | - Worksheet Management
|
| Compensation Plan Setup | - Configure Compensation Plan Templates
|
In Admin Tools, you configure a merit budget based on a percentage of the current salary. In the 'Based On' dropdown option you select 'User'. How would you define the budget percentage? Please choose the correct answer.
Correct Answer: C 🗳️
Your customer needs a budget that calculates a percentage of imported values for each employee on the compensation worksheet. Which Based On option can you use to fulfill this requirement? Please choose the correct answer.
Correct Answer: B 🗳️
Your customer has part time employees. What do you configure in the system to have it calculate the compa-ratio, range penetration, current salary and adjusted salary ranges? Please choose the correct answer.
Correct Answer: A 🗳️
You use date-based proration and you do NOT include dates in the user data file (UDF) for an employee.
What dates does the system use to calculate the proration percent? Please choose the correct answer.
Correct Answer: A 🗳️
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.
Correct Answer: B 🗳️
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