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WorkdayProCompensationExam - Workday-Pro-Compensation Exam Practice Test

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Total 57 questions

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Question 1

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 calculate which compensation basis is used for reporting. B. To determine the employee's eligibility for overtime pay. C. To connect the salary amount to payroll earnings. D. To provide guidance when entering pay rates during a transaction.

Correct Answer: D

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Question 2

For the past four years, your company offered employees a $3,000 annual housing allowance plan. The company wants to increase this plan to $3,500 annually and make sure the existing employees on the plan get the new amount granted to them.
How would you make this change so that new and existing employees receive the new amount?

A. Create a new housing allowance plan for the new amount and add it to the compensation package. B. Use the Request Compensation Change process for the existing employees to edit the allowance plan to reflect the new amount. C. Edit the allowance plan with the new effective date and change the Plan Amount. D. Run the Set Up Allowance Plan Adjustment task to change the amount and indicate that you want to adjust to new defaults for the employees.

Correct Answer: D

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Question 3

Refer to the following scenario to answer the question below.
A company has several configurable compensation bases established in their system:
* Total Cost (India): Qualifies Indian employees and includes all salary plans, period salary plans, allowance plans, bonus plans, and retirement savings plans; only 50% of their total compensation can be used toward their salary plan.
* Total Compensation Non-Sales: Qualifies all full-time employees not in sales and includes all salary plans, allowance plans, bonus plans, and calculated plans.
* Total Compensation Sales: Qualifies all full-time sales employees and includes all salary plans, allowance plans, and commission plans.
* Total Pay (Mexico): Qualifies Mexican employees and includes all salary plans, period salary plans, and allowance plans.
* Salary and Seniority: Qualifies all employees and includes all salary plans and the specific seniority calculated plan.
The configurable compensation bases have the following ranking:
* 10 Total Cost (India)
* 20 Total Compensation Non Sales
* 30 Total Compensation Sales
* 40 Total Pay (Mexico)
* Salary and Seniority is unranked
You must ensure Indian employees keep their salary plans at 50% of their total amount. What should you configure on the Total Cost (India) Compensation Basis?

A. Create and assign a fixed compensation basis. B. Select the Manage Basis Total checkbox and enter a salary plans maximum of 50. C. Move the compensation basis ranking to 50. D. Only include compensation plans. Remove retirement plans.

Correct Answer: B

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Question 4

Where can you configure a guideline warning for a Compensation Package?

A. On the segment range B. On the primary compensation basis pay range C. On the compa-ratio D. On the position in range

Correct Answer: B

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Question 5

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.

Correct Answer: C

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Question 6

A customer configured a step-based grade with a progression sequence that uses eligibility rules. The design will progress an employee if the employee does not have a poor performance rating.
Performance is measured from 1 - 5, with selection list 1 being poor performance, and selection list 5 being outstanding performance.
The progression sequence is as follows:
* Step 1 is $25 Hourly
* Step 2 is $30 Hourly
* Step 3 is $35 Hourly
What should the conditional logic be?

A. Step 2 and Step 3 require condition logic that evaluates if performance review rating is not in the selection list 1. B. Step 1 and Step 2 require condition logic that evaluates if performance review rating is in the selection list 1. C. Step 1 and Step 2 require condition logic that evaluates if performance review rating is not in the selection list 1. D. Step 1, Step 2, and Step 3 require condition logic that evaluates if performance review rating is in the selection list 1.

Correct Answer: A

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Total 57 questions

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