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Exam (elaborations)

Workday Compensation Knowledge Checks

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vWorkday Compensation Knowledge ChecksWorkday Compensation Knowledge ChecksWorkday Compensation Knowledge ChecksWorkday Compensation Knowledge ChecksWorkday Compensation Knowledge Checks 1. How are compensation components grouped to ensure accurate defaulting? - ANSWER-Pulled together in a compensation package 1. A compensation grade provides a: - ANSWER-Reference when entering a salary 1. T/F: As a compensation partner, you can edit grade ranges. - ANSWER-False 1. T/F: Compensation eligibility rules are required when creating a

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Workday Compensation Knowledge Checks
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Workday Compensation Knowledge Checks









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Institution
Workday Compensation Knowledge Checks
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Workday Compensation Knowledge Checks

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Uploaded on
October 5, 2024
Number of pages
10
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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Workday Compensation Knowledge

Checks


1. How are compensation components grouped to ensure accurate

defaulting? - ANSWER-Pulled together in a compensation package




1. A compensation grade provides a: - ANSWER-Reference when entering a

salary




1. T/F: As a compensation partner, you can edit grade ranges. - ANSWER-

False




1. T/F: Compensation eligibility rules are required when creating a

compensation plan - ANSWER-False




1. The Employee Visibility Date enables you to select which of the following

dates: - ANSWER-A future date that controls when an employee can view

their pay-related compensation events

, 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 staffing event. - ANSWER-True




2. Which of the following are not commonly used compensation eligibility

rule criteria? - ANSWER-Job Segments




4. T/F: Workday cannot weight compensation survey results - ANSWER-False




4. What domain must be enabled to use Compensation Survey Management?

- ANSWER-Set Up: Compensation Surveys and Survey Jobs




5. What are the three compensation bases that are Workday delivered? -

ANSWER-Total Base Pay

Total Salary & Allowances

Eligible Earnings Override




5. Which of the three delivered compensation bases can be loaded using

EIB? - ANSWER-Eligible Earnings Override
R221,13
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