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1. From where can you pull fields to assign business goals to employees through the business goals import file?
A) Summary level standard fields
B) Summary level custom reportable fields
C) Employee history fields
D) Bonus plan weights
2. Which steps should you take to activate the Variable Pay Individual View? Note: There are 3 correct answers to this question.
A) Add the Variable Pay Individual View to the Succession Data Model.
B) Select Display Live Profile View.
C) Complete the Variable Pay forms.
D) Add the Variable Pay Individual View to the Variable Plan template.
E) Configure the employee files.
3. In which customer scenarios are multiple bonus plans required in a single program? Note: There are 2 correct answers to this question.
A) The bonuses of different groups of employees are affected by different business goals.
B) There is a single business goal applied to Manufacturing and Engineering, but HR is excluded from the bonus process.
C) In some countries, the bonus is multiplicative, while in others it is additive.
D) There are only two business goals, but the weighting of the goals varies by employee grade.
4. Your customer, who has offices in the US and Germany, has the following two bonus schemes: Revenue Enabling Bonus. Revenue Generating Bonus. US employees in the Revenue Enabling Bonus scheme are weighted 40% Business Achievement and 60% Personal Achievement, while inGermany, it is 50% for each.
They all have the same business goal: "Corporate Results". US employees in the Revenue Generating Bonus scheme are weighted 35% Business Achievement and 65% Personal Achievement. The only business goal is
"Country Results", where the goal achievement differs between the US and Germany. What is the minimum number of bonus plans required to meet this requirement?
A) 1
B) 3
C) 4
D) 2
5. 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.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,B,D | Question # 3 Answer: A,D | Question # 4 Answer: A | Question # 5 Answer: D |
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