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1. 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.
A) Import a percentage for each employee in the user data file (UDF).
B) Use default percentage for all users.
C) Assign a percentage to each user in the Budget Assignment section.
D) Assign each user to a budget group and then assign group percentages.
2. Which rating source combinations can you use to configure a compensation plan template? There are 2 correct answers.
A) A rating from a Performance Management (PM) form.
An imported rating from the user data file for employees who do NOT have a PM form
B) A rating from aPerformance Management (PM) form
A Comp Rating from the compensation worksheet for employees who do NOT have a PM form.
C) A rating from a 360 form
A Comp Rating from the compensation worksheet for employees who do NOT have a 360 form
D) A rating from a Performance Management (PM) form.
A rating from a different PM form depending on which PM form was assigned to an employee.
3. Which of the following options reflects a best practice for configuring compensation plan guidelines? Please choose the correct answer.
A) Make sure the Enable Guideline Optimization checkbox is selected if your customer has less than 1,000
^ guidelines.
B) Add a formula without any criteria at the bottom of the guideline list to act as a default.
C) Always arrange guideline formulas in order by performance rating and comp ratio.
D) Allow planners to enter negative salary adjustment recommendations.
4. Your customer wants to change the background of the compa-ratio percent display. Which tag in the compensation plan template XML can you use? Please choose the correct answer.
A) comp-benchmark-color
B) showColorBar
C) backgroundColor
D) comp-guideline-pattern
5. What are the advantages of the PercentofMeritTarget budget mode? Please choose the correct answer.
A) It is client-specific and uses custom calculations if needed.
B) It is easy to configure since it is based on employee performance and benchmarks.
C) It is dynamicsince budgets recalculate when new targets are loaded.
D) It is flexible since it is NOT based on users' imported salaries.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A,B | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: D |
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