Identify the correct option regarding the Payroll element details in the compensation history setup. (Choose the best answer.)
You can use predefinedalerts to notify managers about issues on the worksheet that need their attention.
Which four predefined alerts are available? (Choose four.)
You create a compensationplan and attach a Compensation Performance rating model to it. While the manager is allocating compensation, he specifies a rating for each of the employees under him. Where will the rating specified by the manager be available? (Choose the best answer.)
Your Workforce Compensation Plan has the following Plan Cycle setup:
Due to reorganization in the month of December 2014, the Marketing department was split into two new departments: Branding and Communications, which resulted in transfers of many employees from one manager to another.
You, as the compensation administrator, are required to ensure that all the relevant organizational changes areincluded in the Compensation Worksheet. What would you have to do to accomplish this? (Choose the best answer.)
While validating the Workforce Compensation Plan Setup, the compensation administrator encounters the following Warning: “At least one column that adjusts salary is enabled but no components to be posted assalary are selected.” What should the compensation administrator do to eliminate this warning? (Choose the best answer.)
Identify the three correct statements for an alternate approver hierarchy. (Choose three.)
An administrator of a corporation must generate the compensation statements for the workers to notify them about their compensation details.
Identify the correct role that will give the administrator access to complete the process. (Choosethe best answer.)
The compensation administrator has configured an Annual SalaryReview plan that is linked to the performance of employees so that the annual increment amount is based on the rating that an employee has received in the performance evaluation. The percentages are fixed for each of the ratings by using the dynamic column. All the managers have completed updating the worksheet and the information has been transferred to HR by running the Transfer Workforce Compensation Data to HR process.
After this, the compensation administrator realizes that the increment percentages for each of the ratings used in the dynamic column were incorrect. Now each of these incorrect salary records should be deleted and new correct salary record entries should be made for the employees in Manage Salary.
How should you accomplish this? (Choosethe best answer.)
You are configuring a plan cycle date that should be visible to managers on the Approvals tab sothat they can submit their worksheets before that date. But you do not want to enforce the date because you want the managers to be able to submit their worksheets even after the date is past. Which date should you use? (Choose the best answer.)
Your client wants to offer a spot incentive bonus to hourly employees who worked 100 percent of their scheduled shift hours in a three-month period. What type of eligibility profile can you use in this case? (Choose the best answer.)
A corporation is implementing OracleFusion Workforce Compensation and must set up salary bases. Employees are assigned different grades within the organization and the salaries are dependent on the grades.
What is the correct way to set up the salary bases? (Choose the best answer.)
Your client’s organization is a multi-country organization with headquarters in the US. All employees are covered under one global compensation plan. However, the managers in each country want to administer compensation in their country’s respective currency. How would you enable this feature? (Choose the best answer.)
Yourcustomer’s company spans multiple countries. It follows a global salary increase process in the month of May and awards bonuses twice a year in the month of June and December for workers who are employed in various countries. As an implementation consultant, you must define Statement Periods for the Compensation Statement. Which three options will you consider? (Choose three.)
While configuring the Budget page, you are setting the properties of the Job column.
Which two sections are available in the propertiesfor the Job column? (Choose two.)
Yourcustomer’s Workforce Compensation Plan for Annual Salary Review is set up with the following dates in the Plan Cycle:
There is a worker with a termination date of 30-Oct-2014. When the Transfer Data to HR process is run, it fails for this worker. What should you do to successfully add the lump sum award element entries and salary adjustments? (Choose the best answer.)
The Budget Pool Storage Method selected is “Amount.” One of the line managers in the organization has twenty employees reporting to him. One of the employees leaves the organization during the compensation cycle.
What will be the effect on the budget allocated to the Line Manager? (Choose the best answer.)
Whileimplementing, you are grouping compensation items and categories for displaying them together. Therefore, when planning how to group compensation items and categories, you must consider which three options? (Choose three.)
Your customer has standard working hours = 40 hours per week. An employee has the following salary basis setup:
What will be the employee’s Annual Salary and Annualized full-time salary? (Choose the best answer.)
You are responsible for configuring variable allocationsto manage approvals for individual compensation plans. Your company wants to control plan availability by using defaults. What are the default attributes of the actionable Variable Allocation task? (Choose the best answer.)
While administering compensation, the managers in the organization want to first allocate compensation to the outstanding performers with compa-ratio less than 80 and, therefore, want to view only this population. How would you, as a consultant, help the managers to achieve this? (Choose the bestanswer.)
A corporation is implementing Oracle Fusion Workforce Compensation and must set up compensation history. Identify the three correct options regarding the salary component. (Choose three.)
What happens if you include ineligible workers on the worksheet? (Choose the best answer.)
A corporation implemented Oracle Fusion Workforce Compensation. A Salary Basis has been created and attached to the workers anda Compensation cycle has been run. The corporation now wants to use a different Grade rate for the salary basis.
Which option is true? (Choose the best answer.)
Which is the correct priority of deduction information from highest to lowest? (Choose the best answer.)
As an implementation consultant, you are required to define the totalcompensation statement. You are creating the statement definitions for your compensation statement.
Which three statements are true about the statement definitions? (Choose three.)
Your customer must use Grade Ladders to suit the industry in which it operates. How should you define the Grade Ladders that the customer needs?(Choose the best answer.)