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| Section | Weight | Objectives |
|---|---|---|
| Reports and Reward Statements | 8% - 12% | - Configure reward statements - Export and share results - Generate standard and custom reports |
| Bonus Plans | 8% - 12% | - Link plans to business goals - Plan type and formula selection - Configure bonus plan attributes |
| Bonus Calculation Methods | 8% - 12% | - Final payout calculation - Additive and multiplicative formulas - Assignment-based rating |
| Integration Scenarios | 8% - 12% | - Integration with Performance Management - Integration with SAP SuccessFactors Employee Central - Hybrid and non-EC environments |
| Variable Pay Program Settings | 11% - 20% | - Program configuration and setup - Currency and date configuration - Plan templates and general settings |
| Employee History Data and Background Elements | 11% - 20% | - Configure background elements - Import and validate employee history data - Map data fields |
| Business Goals and Goal Weights | 8% - 12% | - Import business goals data - Define weights and payout functions - Create and manage business goal templates |
| Variable Pay Form | 8% - 12% | - Define fields and permissions - Form workflow and routing - Configure form layout and sections |
| Eligibility | 8% - 12% | - Enable compensation eligibility - Legacy and MDF eligibility rules - Assign bonus plans to eligible employees |
1. 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?
A) To include inactive users as part of the payout calculation
B) To include inactive users as part of the Variable Pay form
C) To exclude employees who have given their notice from the Variable Pay form
D) To exclude employees who have given their notice from the bonus payout calculation
2. A performance management (PM) form will be considered a match to an assignment when its period overlaps with the period of the assignment. Which combination of conditions qualifies as "overlap"?
A) PM form start date <= Assignment start date. Assignment start date >= PM form end date
B) PM form start date >= Assignment end date. Assignment start date <= PM form start date
C) PM form start date <= Assignment end date. Assignment start date <= PM form end date
D) PM form start date <= Assignment start date. PM form end date <= Assignment end date
3. 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.
A) 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.
B) 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
C) 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%
D) 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.
4. Why might you use the check tool? Note: There are 2 correct answers to this question.
A) To determine if employees are assigned to an appropriate bonus plan
B) To determine if custom fields are reloadable
C) To determine if goal weights are equal to 100%
D) To determine inactive planners in the hierarchy
5. If the Starting Point for Manager Form Eligibility is set to "No employees are eligible", what actions can you take to include employees in the bonus plan? Note: There are 2 correct answers to this question.
A) Flag employees in the UDF as TRUE in COMPENSATION_ELIGIBLE.
B) Use an MDF rule instead of importing eligibility rules.
C) Add employees to the history data file.
D) Create a rule in Manager Form Eligibility to include employees.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: A,C | Question # 4 Answer: B,D | Question # 5 Answer: A,D |
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