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| Section | Objectives |
|---|---|
| Topic 1: Compensation Planning Process | - Budgeting and planning cycles - Manager workflow and approvals - Eligibility and assignment of employees |
| Topic 2: Security and Administration | - System administration and troubleshooting - Role-based permissions |
| Topic 3: Reporting and Analytics | - Standard reports in Variable Pay - Reporting tools and dashboards |
| Topic 4: Business Rules and Data Model | - Data import and export processes - Business rules framework |
| Topic 5: Variable Pay Configuration | - Plan setup and templates - Bonus calculation rules and formulas - Eligibility rules and guidelines |
| Topic 6: Variable Pay Overview | - Concepts and business purpose of Variable Pay - Integration with SAP SuccessFactors Compensation and Employee Central |
1. What task can you complete in Configure Label Names and Visibility?
A) Create custom fields.
B) Deactivate form sections.
C) Change field groups.
D) Relabel employee history fields.
2. What information should be entered into the varPayProgramName column of the employee history data file?
A) The plan template name
B) The variable pay objective plan ID
C) The background type ID
D) The background element name
3. 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) EC field mapping
B) Effective date
C) Rating type
D) Performance management template name
4. 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 section weights, whereas multiplicative formulas use payout percent.
B) Additive formulas use payout percent, whereas multiplicative formulas use section weights.
C) Additive formulas use payout percent, whereas multiplicative formulas use payout amount multiplied by section weights.
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: B | Question # 2 Answer: A | Question # 3 Answer: B,C | Question # 4 Answer: C | Question # 5 Answer: D |
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