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NEW QUESTION 23
What is included in the Bonus Payout Details report? Note: There are 3 correct answers to this question.
- A. Multiple rows of payout for each employee
- B. Total pay items for each employee
- C. Payout guidelines for each employee
- D. Eligibility criteria for each employee
- E. Bonus calculation for each employee
Answer: A,D,E
NEW QUESTION 24
Which of the following can be achieved using variable pay gates? Notes: There are 2 correct answers to this question.
- A. There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The EBITDA goal will payout at 0% unless the Individual performance rating is “Good” or better.
- B. There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The EBITDA goal CANNOT pay more than 100% unless Revenue achieves above target.
- C. There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The Individual section is capped to 100% unless the combined payout of the business goals exceeds 75%.
- D. There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The entire business goal section will pay out at 50% unless Customer Satisfaction is above target.
Answer: A,D
NEW QUESTION 25
Your client has a performance process where employees can enter goals. The individual part of the employee’s bonus is based on the performance against these goals – but not all of them. When going through the goal setting process, the employee and their manager will discuss whether or not a goal is “bonus relevant” – that is, the employee’s attainment against that goal affects their bonus at the end of the year. What is the best way to set this up without administrative intervention?
- A. Relevant goal performance is imported into each employee’s Assignment History.
- B. Goals that are relevant to the employee’s bonus need to be in a separate section in the performance form.
- C. Goals that are relevant to the employee’s bonus need to have a different type, set when creating the goal.
- D. Goals that are relevant to the employee’s bonus need to be exported from Goal Management and imported into Business Goals.
Answer: C
NEW QUESTION 26
A customer updated an employee’s assignment date using the employee history editor, but the proration amount remained the same in the worksheet. How can you correct this?
- A. Update Goal Result and Update worksheets.
- B. Delete the user from their worksheet and add them back into the worksheet.
- C. Delete the existing worksheet and then launch a new set.
- D. Calculate Bonus and Update worksheets.
Answer: D
NEW QUESTION 27
Which of the following fields are connected to reserved fields in the Variable Pay Background Element? Note: There are 3 correct answers to this question.
- A. Variable Pay Program Name
- B. Local Currency Code
- C. Basis
- D. Target Percentage
- E. Salary
Answer: A,B,C
NEW QUESTION 28
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