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Workday-Pro-Compensation Question and answers Include

Total Questions: 55 Q&A's
Single Choice: 55 Q&A's

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Workday-Pro-Compensation Questions and Answers

Question # 1

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.

Edit the allowance plan with the new effective date and change the Plan Amount.

C.

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.

D.

Use the Request Compensation Change process for the existing employees to edit the allowance plan to reflect the new amount.

Question # 2

After creating a new allowance plan, how can you assign the plan to all eligible employees?

A.

Use the Rollout Compensation Plans to Employees task and select the Eligibility Rule that identifies your eligible population.

B.

Use the View Compensation Plan Rollout Process task to assign eligible employees to the plan.

C.

Run the Compensation Plan Assignment Audit report to identify employees eligible for the plan and enter via Request Compensation Changes.

D.

Use the Employee Compensation Plans - Allowance report to identify eligible employees and enter via Change Job events.

Question # 3

When using the Set Up Allowance Plan Adjustment task to update an allowance plan amount, you must ensure employees Managed by Basis Total (MBT) will have no change to their primary compensation basis after their allowance plan amount is updated and instead will reallocate all other compensation in the MBT calculation.

How can you ensure this happens?

A.

Clear the Manage Basis Total checkbox on the employee's primary compensation basis.

B.

Select Retain Basis Total for MBT Employees on the Set Up Allowance Plan Adjustment task.

C.

Clear the Retain Basis Total checkbox on the employee's primary compensation basis.

D.

Select Adjust to New Defaults on the Set Up Allowance Plan Adjustment task.

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