What is the impact of the 3 assignment records on the payout?

You are implementing an Employee Central-integrated Variable Pay template. The employee has 3 assignment records pulled from Employee Central, each with start and end dates within the bonus period, resulting in NO gaps or overlaps. What is the impact of the 3 assignment records on the payout?A . The last...

February 12, 2024 No Comments READ MORE +

Which tools can employees use to see the final payout amount awarded to them? Note: There are 3 correct answers to this question.

Which tools can employees use to see the final payout amount awarded to them? Note: There are 3 correct answers to this question.A . Personal Compensation Statement NotificationB . Bonus Assignment StatementC . Combined Rewards StatementD . Variable Pay Rewards StatementE . Variable Pay Individual ViewView AnswerAnswer: A C D

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Why would you use Manager Form Eligibility Rules?

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 calculationB . To exclude employees who have given their notice from...

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Given the screenshot below, what are the approximate Proration and Prorated Target Amount for this assignment?

A customer's variable pay program dates are January 1 to December 31, 2017. Given the screenshot below, what are the approximate Proration and Prorated Target Amount for this assignment?A . 75% and 6,000 respectivelyB . 25% and 2,000 respectivelyC . 75% and 2,000 respectivelyD . 25% and 6,000 respectivelyView AnswerAnswer:...

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Which of the following scenarios are good uses of a global eligibility rule in an Employee Central integrated template? Note: There are 2 correct answers to this question.

Which of the following scenarios are good uses of a global eligibility rule in an Employee Central integrated template? Note: There are 2 correct answers to this question.A . Only employees who have had less than 20 days of unpaid leave during the bonus period are eligible for a bonus.B...

February 11, 2024 No Comments READ MORE +

Which combination of conditions qualifies as "overlap"?

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 end date. Assignment start date <= PM form start dateB . PM form...

February 10, 2024 No Comments READ MORE +

What does the Enable Guideline Optimization setting do? Note: There are 2 correct answers to this question.

What does the Enable Guideline Optimization setting do? Note: There are 2 correct answers to this question.A . It helps render the worksheet faster when there are more than 1,000 guideline formulas.B . It changes the guidelines so they are updated on the form immediately.C . It requires relaunching the...

February 8, 2024 No Comments READ MORE +

Which of the following areas are impacted when a customer uses flexible payout curves in their Variable Pay plan? Note: There are 2 correct answers to this question.

Which of the following areas are impacted when a customer uses flexible payout curves in their Variable Pay plan? Note: There are 2 correct answers to this question.A . CalculationsB . Lookup valuesC . GuidelinesD . ReportsView AnswerAnswer: A D

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What feature allows employees to view their individual bonus results even if variable pay forms are still in progress?

What feature allows employees to view their individual bonus results even if variable pay forms are still in progress?A . Bonus forecastB . Compensation profileC . Bonus assignment letterD . Variable Pay individual viewView AnswerAnswer: C

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What is the best way to set this up without administrative intervention?

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 C but not all of them. When going through the goal setting process, the employee and their manager will discuss whether or not a...

February 7, 2024 No Comments READ MORE +