Workday Compensation Knowledge Checks UPDATED ACTUAL Questions and CORRECT Answers

Workday Compensation Knowledge Checks UPDATED ACTUAL Questions and
CORRECT Answers

1. How are compensation components grouped to ensure process, a worker will automatically be progressed to a
accurate defaulting?
1. A compensation grade provides a:
1. T/F: As a compensation partner, you can edit grade
ranges.
1. T/F: Compensation eligibility rules are required when
creating a compensation plan
1. The Employee Visibility Date enables you to select which
of the following dates:
2. T/F: The primary goal of a compensation eligibility rule
is to define an eligible population and allow the system
to correctly default compensation components during a
staflng event.
2. Which of the following are not commonly used com-
pensation eligibility rule criteria?

2. What are three examples of how compensation eligibil-
ity rules can be used?

3. T/F: It is recommended you use compensation eligibil-
ity rules, position compensation, requisition compensa-
tion, and offer compensation in combination.
3. T/F: If using job requisitions, the request compensation
change step is required.
4. What is the function of the compensation element?
4. T/F: Pay range segments are calculated by Workday and
cannot be overridden.
4. During an Employee Compensation Step Progression

, Pulled together in a compensation package

Reference when entering a salary

False


False

A future date that controls when an employee can view
their pay-related compensation events


True



Job Segments

Default Compensation Plans
Eligibility for Grade Profiles
Rollout and Remove Plans


False


False

Ties compensation to payroll

False




2/5