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NEW QUESTION 30
What information should be entered into the varPayProgramName column of the employee history data file?

The plan template name

The background element name

The variable pay objective plan ID

The background type ID

NEW QUESTION 31
How can you create worksheets where employees have planners outside their line manager hierarchy?

Use the custom manager option for assigning employees in the user data file and in the route map.

Create a Second Manager hierarchy and set the template to use this hierarchy instead of the Standard hierarchy.

Create the worksheets the same as in compensation planning and move employees to other managers through Employee Membership.

Assign the employees to matrix managers and use matrix managers in the route map.

NEW QUESTION 32
What is the difference between additive and multiplicative formulas for bonus calculation with respect to the impact of section weight, payout percent, and payout amount?

Additive formulas use payout percent, whereas multiplicative formulas use payout amount multiplied by section weights.

Additive formulas use section weights, whereas multiplicative formulas use payout percent.

Additive formulas use payout percent, whereas multiplicative formulas use section weights.

NEW QUESTION 33
Assume a starting point of “All employees are eligible” and all employees will appear on the worksheet regardless of employee history. Why would you use Manager Form Eligibility Rules?

To include inactive users as part of the payout calculation

To exclude employees who have given their notice from the Variable Pay form

To exclude employees who have given their notice from the bonus payout calculation

To include inactive users as part of the Variable Pay form

NEW QUESTION 34
What report requires that worksheets have been launched before it will show results?

Business goal performance

Bonus payout

Employee history gaps

Employee history overlaps

NEW QUESTION 35
Which of the following are standard criteria that can be used to create guidelines in variable pay? Note: There are 3 correct answers to this question.

Division

Rating

Job level

Country

Pay grade

NEW QUESTION 36
Your client wants to change the label on a field in the Assignment Details level of their worksheet. Where could you make the change? Note: There are 2 correct answers to this question.

Column Designer, Entry Level fields

Column Designer, Assignment Level fields

Custom Views

Employee History background element

NEW QUESTION 37
From where can you pull fields to assign business goals to employees through the business goals import file?

Summary level custom reportable fields

Bonus plan weights

Summary level standard fields

Employee history fields

NEW QUESTION 38
Your customer wants to display historical bonus payments with the current worksheet. How can they show this information? Note: There are 2 correct answers to this question.

Define compensation period data in the compensation profile.

Configure custom views in plan setup.

Build an integration with the previous variable pay goal template.

Create eligibility rules to pull historical data from previous plans.

NEW QUESTION 39
Which mathematical operations can be used with standard bonus calculation equations? Note: There are 2 correct answers to this question.

Division

Subtraction

Multiplication

Addition

NEW QUESTION 40
Company ABC rewards its employees using an additive plan based on company (50% weight) and individual (50% weight) performance. An employee’s target bonus is 4,000 (100% payout). The company performance is based on two objectives, each weighted at 50% – revenue and operating Income. The revenue objective achievement is 80% and the operating income objective achievement is 90%. If the Individual achievement is 150%, which expression best represents how the bonus is calculated?

4000 x 50% x (80% x 50% + 90% x 50%) + 4000 x 50% x 150%

4000 x 150% x (80% x 50% + 90% x 50%)

150% x (4000 x 50% x (80% + 4000 x 50% x 90%

4000 x 150% + 4000 x (80% x 50% + 90% x 50%)

NEW QUESTION 41
Your customer is using a hybrid variable pay template because Employee Central (EC) has NOT been implemented within the entire company. How will you make sure that eligibility rules apply to both (EC and non-EC) target populations? Note: There are 3 correct answers to this question.

Use Bonus Plan Eligibility.

Include inactive employees.

Use Manager Form Eligibility.

Enable global eligibility rule.

Configure multiple rules by EC entity for the program.

NEW QUESTION 42
Which of the following are payout function types supported in Business Goals? Note: There are 3 correct answers to this question.

Step scale

Multiplicative

Interpolation

Additive

Direct payout

NEW QUESTION 43
Your customer wants to use its business units to assign goal achievements. What are the first steps to set up this requirement? Note: There are 2 correct answers to this question.

Define the Business Unit field in the Variable Pay Background Element XML.

Import business unit data via the user data file.

Import business unit data via the employee history data file.

Define the Business Unit field as a department in the Succession Data Model XML.

NEW QUESTION 44
Your customer wants to load the final results of business goals to be used in payout calculation. What column from the business goal import file must be used to load the results of each business goal?

directPayout

payoutPercentTarget

payoutFunctionType

notes

NEW QUESTION 45
Bonuses for all engineers at your client are calculated as follows: Basis (prorated salary × bonus target) × company achievement. Bonuses for all marketing staff at your client are calculated as follows: Basis × 50% individual achievement + 50% company achievement. How can this be implemented? Note: There are 2 correct answers to this question.

Two variable pay programs: one using Base × Business Performance and using Base × (Business Performance + Individual Performance). The additive plan uses one business goal section weighted at 50%

One variable pay program that uses Base × (Business Performance + Individual Performance). Two bonus plans: one with the weighting 100% corporate and the other 50% corporate and 50% individual.

One variable pay program using Base × Business Performance × Individual Performance. Two bonus plans: one with the weighting 100% individual and the other 50% corporate and 50% individual.

One variable pay program that uses Base × (Business Performance + Individual Performance). Two bonus plans: one with the weighting 100% individual and the other 50% corporate and 50% individual

NEW QUESTION 46
What task can you complete in Configure Label Names and Visibility?

Change field groups.

Relabel employee history fields.

Create custom fields.

Deactivate form sections.