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| Section | Objectives |
|---|---|
| Compensation Planning Process | - Eligibility and assignment of employees - Manager workflow and approvals - Budgeting and planning cycles |
| Business Rules and Data Model | - Data import and export processes - Business rules framework |
| Security and Administration | - Role-based permissions - System administration and troubleshooting |
| Variable Pay Configuration | - Eligibility rules and guidelines - Plan setup and templates - Bonus calculation rules and formulas |
| Variable Pay Overview | - Integration with SAP SuccessFactors Compensation and Employee Central - Concepts and business purpose of Variable Pay |
| Reporting and Analytics | - Standard reports in Variable Pay - Reporting tools and dashboards |
1. The employee history data file import process was completed but returned with errors. Given the information in the screenshot, which column is causing the error message?
A) The tgtPct column is using decimals.
B) The endDate column is in mm/dd/yyyy format.
C) The country column shows a code rather than a label.
D) The basis column is using commas.
2. Your customer wants to ensure that no employee's bonus exceeds 200% of their bonus target. How can this be achieved?
A) Use gates on business goals.
B) Use bonus plan caps.
C) Use a bonus plan multiplier of 200%.
D) Use guidelines where the maximum is set to 200%.
3. 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 CANNOT pay more than 100% unless Revenue achieves above target.
B) 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%.
C) There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The EBITDAgoal will payout at 0% unless the Individual performance rating is "Good" or better.
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.
4. Which of the following are standard criteria that can be used to create guidelines in variable pay? Note: There are 3 correct answers to this question.
A) Job level
B) Country
C) Pay grade
D) Division
E) Rating
5. When employee profile is selected as the rating source for the Variable Pay program, which information is required for the bonus calculation? Note: There are 2 correct answers to this question.
A) Rating type
B) Performance management template name
C) EC field mapping
D) Effective date
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: C,D | Question # 4 Answer: A,C,E | Question # 5 Answer: A,D |
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