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Workday Workday-Pro-Compensation - WorkdayProCompensationExam

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Total 55 questions

On March 5, you need to award a group of employees an equity adjustment base pay increase effective March 1. It will be processed when payroll runs on March 31. You asked managers to communicate the change by March 20.

How can you ensure this increase will not be available to employees in Workday until March 21?

A.

Enter an Expected End Date of March 31.

B.

Enter an Actual End Date of March 1.

C.

Enter an Employee Visibility Date of March 21.

D.

Change the Effective Date of the base pay changes to March 5.

A company is in the process of introducing pay ranges for specific job profiles to ensure fair and competitive compensation, which are implemented as compensation grades in Workday. What role do compensation grades fulfill within the Workday compensation framework?

A.

To provide guidance when entering pay rates during a transaction.

B.

To connect the salary amount to payroll earnings.

C.

To determine the employee's eligibility for overtime pay.

D.

To calculate which compensation basis is used for reporting.

A customer has several one-time payment plans within a tenant. They want to ensure that during a payment event a single one-time payment is submitted.

How should this be configured?

A.

Segment security to the Domain: One Time Payment

B.

Use a rule-based business process definition

C.

Enable Multiple One-Time Payments within the Edit Tenant Setup - HCM > Compensation

D.

Do not enable Multiple One-Time Payments within the Edit Tenant Setup - HCM > Compensation

You must make a change to an employee's salary without changing other worker details.

What task will you use to make the ad hoc change?

A.

Transfer, Promote or Change Job

B.

Request Compensation Change

C.

Request Grade Change

D.

Request One-Time Payment

How do you configure a salary plan to prorate an employee's scheduled hours?

A.

Apply FTE%

B.

Compensation Element

C.

Eligibility Rules

D.

Exclude from Merit

You are creating a compensation package.

What can you add to the compensation package?

A.

Retirement plan

B.

One-time payment plan

C.

Calculated plan

D.

Future payment plan

Refer to the following scenario to answer the question below.

A company with salaried and hourly employees has headquarters in London with additional offices in New York and Milan. What configuration allows the company to enter one total compensation amount for employees based in Milan?

A.

Eligible Earnings Override

B.

Manage Basis Total

C.

Total Base Pay

D.

Total Salary & Allowances

A company's employees based in Italy get paid 13 times in the year compared to the rest of the employees. What base pay plan supports additional months, weeks, or days of pay?

A.

Unit salary plan

B.

Hourly plan

C.

Period salary plan

D.

Salary plan

You are creating a compensation eligibility rule. The entry you are making in the Source External Field or Condition Rule column is displaying all valid fields and eligibility rules.

How can you exclude other condition rules?

A.

Enter the prefix "field:" first before your entry.

B.

Enclose your entry in brackets.

C.

Enter your search in all capital letters.

D.

Place an asterisk before your entry.

A company needs a $500 monthly car allowance for its sales team, paid as a flat amount. The allowance should only be for employees in the Sales job family.

How should you configure this allowance plan?

A.

Create a unit-based allowance plan, specifying the number of units and per-unit amount to total $500 monthly. Create an eligibility rule for the Sales job family and assign it to the plan.

B.

Create a percent-based allowance plan, specifying the percentage of base pay to equal $500 monthly. Create an eligibility rule for the Sales job family and assign it to the plan.

C.

Create an amount-based allowance plan, specifying $500 as the amount, monthly frequency. Create an eligibility rule for the Sales job family and assign it to the plan.

D.

Create a reimbursable allowance plan, specifying $500 as the reimbursement amount. Create an eligibility rule for the Sales job family and assign it to the plan.