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| Section | Objectives |
|---|---|
| Variable Pay Solution Overview | - Integration with SAP SuccessFactors Compensation - Concepts of variable pay and incentive plans |
| Plan Setup and Configuration | - Eligibility rules and guidelines setup - Bonus plan templates and settings - Payout formulas and calculation rules |
| Payout and Budgeting Process | - Bonus calculation and payout generation - Budget allocation and distribution rules |
| Data Models and Integration | - Import/export of compensation data - Employee Central integration for variable pay |
| Reporting and Administration | - Reporting tools in SuccessFactors Variable Pay - Plan administration and lifecycle management |
1. One example of a bonus calculation formula is base multiplied by individual performance What does Base indicates?
Please choose the correct answer.
Response:
A) Bonus payout percentage
B) Bonus Target amount
C) Bonus section weight
D) Bonus Actual Amount
2. What report would you process to verify the calculation of business goal performance with the employee's target in their history?
Please choose the correct answer.
Response:
A) Bonus Payout Details
B) Employee History
C) Bonus Payout
D) Business goal Performance
3. The customer is using a custom formula to calculate for employee basis. What do you need to do in regards to the basis field maintenance?
Please choose the correct answer.
Response:
A) Configure the field as a custom field in the back ground element
B) Configure the field to be hidden in the background element
C) Leave the field blank when importing the Employee History data file
D) Delete the field when importing the Employee history data file
4. Which report can be generated only after worksheets have been launched?
Please choose the correct answer.
Response:
A) Bonus Payout Details
B) Bonus Payout
C) Business goal Performance
D) Employee History Gaps
5. Which configuration options are offered by the column designer?
There are 2 correct answers to this question.
Response:
A) Create custom fields
B) Specify columns and column order
C) Hide sections
D) Create number format rules
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: A,B |
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