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Workday Workday-Pro-Compensation Exam Dumps - Actual Questions Answers


Workday-Pro-Compensation practice test questions answers

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Workday-Pro-Compensation Questions and Answers

Question # 1

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.

Only include compensation plans. Remove retirement plans.

C.

Select the Manage Basis Total checkbox and enter a salary plans maximum of 50.

D.

Move the compensation basis ranking to 50.

Question # 2

You enter a date in the Actual End Date field of a compensation plan.

When will Workday remove the plan from the employee's record?

A.

On the actual end date plus one day.

B.

On the last day of the month plus one day.

C.

On the actual end date.

D.

On the last day of the pay period plus one day.

Question # 3

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.

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