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NEW QUESTION 45
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. Goals that are relevant to the employee's bonus need to be in a separate section in the performance form.
- B. Goals that are relevant to the employee's bonus need to be exported from Goal Management and imported into Business Goals.
- C. Relevant goal performance is imported into each employee's Assignment History.
- D. Goals that are relevant to the employee's bonus need to have a different type, set when creating the goal.
Answer: D
NEW QUESTION 46
What formula do you use to suppress statements?
- A. if(finalPayout=0," ")
- B. if(finalPayout=0, "Yes", "No")
- C. if(finalPayout=0,"Valid","Invalid")
- D. if(finalPayout=0,"FALSE","TRUE")
Answer: D
NEW QUESTION 47
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?
- A. Additive formulas use payout percent, whereas multiplicative formulas use payout amount multiplied by section weights.
- B. Additive formulas use payout percent, whereas multiplicative formulas use section weights.
- C. Additive formulas use section weights, whereas multiplicative formulas use payout percent.
Answer: A
NEW QUESTION 48
What task can you complete in Configure Label Names and Visibility?
- A. Create custom fields.
- B. Relabel employee history fields.
- C. Change field groups.
- D. Deactivate form sections.
Answer: D
NEW QUESTION 49
Company XYZ rewards its sales employees based on company and individual performance. Each employee's target bonus is a percentage of their salary. Both company and individual performance are combined, then multiplied by the basis. Employees are assigned weighted goals under company performance (revenue, profit, etc.). Which of the following bonus calculation equations is best to use for this organization?
- A. base x (business performance x individual performance)
- B. base x business performance x individual performance
- C. base + (business performance + individual performance)
- D. base x (business performance + individual performance)
Answer: D
NEW QUESTION 50
A customer is using a custom formula to calculate the employee basis. What must you do to ensure that the basis calculates correctly?
- A. Configure the Basis field to be hidden in the background element.
- B. Configure the Basis field as a custom field in the background element.
- C. Leave the Basis field blank when importing the employee history data file.
- D. Delete the Basis field header when importing the employee history data file.
Answer: A
NEW QUESTION 51
What report requires that worksheets have been launched before it will show results?
- A. Bonus payout
- B. Employee history gaps
- C. Employee history overlaps
- D. Business goal performance
Answer: A
NEW QUESTION 52
Which field types can be added to the variable pay background section? Note: There are 3 correct answers to this question.
- A. Float fields
- B. Boolean fields
- C. Text fields
- D. Percentage fields
- E. Integer fields
Answer: A,C,E
NEW QUESTION 53
A client has the following requirements: Executives have 3 business goals and NO individual performance metrics. Divisional VPs have 6 business goals and NO individual performance metrics.
Directors have 6 business goals and individual performance weighted at 40%. Managers have 3 business goals and an individual performance multiplier. What is the minimum number of templates that can be configured to satisfy these requirements without the use of custom columns?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION 54
Why might you use the check tool? Note: There are 2 correct answers to this question.
- A. To determine if custom fields are reloadable
- B. To determine inactive planners in the hierarchy
- C. To determine if employees are assigned to an appropriate bonus plan
- D. To determine if goal weights are equal to 100%
Answer: A,B
NEW QUESTION 55
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.
- A. Configure multiple rules by EC entity for the program.
- B. Enable global eligibility rule.
- C. Use Manager Form Eligibility.
- D. Use Bonus Plan Eligibility.
- E. Include inactive employees.
Answer: A
NEW QUESTION 56
Your client wants to award quarterly bonuses, where the quarters are aligned as follows: Q1: November
1-January 31. Q2: February 1-April 30. Q3: May 1-July 31. Q4: August 1-October 31. Bonuses are paid at the end of each quarter. Which of the following combinations of configuration options would work for this scenario?
- A. Four variable pay templates, with the bonus start and end dates aligned with the customer's dates and employee history to match
- B. One variable pay template with the bonus start date November 1 and end date October 31, and the bonus plan multiplier set to 25%
- C. Four variable pay templates, with the bonus start and end dates aligned with "traditional" quarter dates and custom columns in the employee history to display the customer's dates
- D. One variable pay template with the bonus start date November 1 and end date October 31; employee history is loaded with four records per employee (one per quarter) and bonus paid in full on October 31
Answer: B,C
NEW QUESTION 57
Where do you define the payout function type?
- A. Bonus Plan
- B. Background Element
- C. Business Goals
- D. Business Goal Weights
Answer: C
NEW QUESTION 58
Which scenario requires the weights and mappings data file to be reimported?
- A. Update in an employee's assignment date
- B. Change in business goal name
- C. Change in eligibility rule criteria
- D. Update in bonus cap
Answer: B
NEW QUESTION 59
Which customer scenarios require the use of multiple variable pay programs? Note: There are 3 correct answers to this question.
- A. The customer is using a different plan period date range.
- B. The customer is using a different bonus calculation formula.
- C. The customer has some employees in Employee Central and others in an external system.
- D. The customer is using different eligibility rules.
- E. The customer is using a different route map.
Answer: A,B,E
NEW QUESTION 60
In which ways can the basis be configured in a non-EC integrated plan? Note: There are 2 correct answers to this question.
- A. Imported from bonus plan
- B. Imported from goal management
- C. Imported from employee history
- D. Imported from user data file
Answer: C,D
NEW QUESTION 61
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