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HRC - Compensation

Total questions: 16

Worksheet time: 48mins

Name
Class
Date
1.

In Compensation, which of these changes once approved can be sent to HR & Payroll seamlessly? (Select All That Apply)

a)

Demographic Changes

b)

Rate / Salary Changes

c)

Department Changes

d)

Bonus Amounts

2.

True or False. A Service Bureau User must impersonate the client user/admin to functionally use Compensation without errors.

a)

True

b)

False

3.

What are the two options under the Configuration Menu Area?

a)

Reporting

b)

Bonus Setup

c)

Plan Setup

d)

Statement Templates

4.

Which of the following below in HR & Payroll must be configured first before a Lump Sum Bonus Plan is created in Compensation?

a)

Positions

b)

Address

c)

Rate of Pay / Salary

d)

Job Title

5.

When creating a New Compensation Plan, which of the following is not a step within the wizard?

a)

Preview & Launch

b)

Plan Participants

c)

General

d)

Eligibility

e)

Plan Rules

6.

True or False. Under Plan Participants, the user/admin can restrict eligible population by cost center, employment type, employment dates, and positions.

a)

True

b)

False

7.

When creating a plan and enabling Plan Guidelines, the user/admin can select one of these guideline types.

a)

Performance

b)

Position

c)

Performance + Pay Grade

d)

Pay Grade

8.

True or False. The only type of compensation plan we have available for the client is the Merit - Annual plan.

a)

True

b)

False

9.

When creating a Lump Sum Bonus plan, which of the following frequency is not available?

a)

Annual

b)

Quarterly

c)

Monthly

d)

Bi-Weekly

10.

True or False. When creating a Statement Template, users are only limited to the 8 colors they see on the page. They cannot use any other color hex codes.

a)

True

b)

False

11.

True or False. In the body of the statement template, the content within the Sample Data area is available for the user to edit.

a)

True

b)

False

12.

Before any compensation rate plan is pushed over to the employee's rate screen, the user/admin must do complete these steps first.

a)

Only Administer Plan

b)

Just Close the Plan

c)

Approve all rates > Administer plan > Close Plan

d)

Just approve, the plan will automatically transfer itself

13.

True or False. After approving all the final bonuses into payroll, the user/admin will still need to manually enter those amounts on the payroll side.

a)

True

b)

False

14.

Navigate to Reports & Analytics within Compensation, how many reports do we have for the client?

a)

4

b)

7

c)

10

d)

8

e)

0

15.

When creating a plan using the Merit - Anniversary, what new field appears to select under Plan Participants?

a)

Hire Date

b)

Job Title

c)

Date of Birth

d)

Anniversary Month

16.

If your client is interested in using Compensation, do we have an Adoption Kit that is available for them to check it out?

a)

True

b)

False