WORKDAY-PRO-COMPENSATION practice question 12 of 15
Refer to the following scenario to answer the question below. A company pays its employees a monthly allowance. Plan targets are dependent on plan…
Full set: 55 questionsDomain Compensation Events
The Employee Compensation Audit report is designed to identify discrepancies between an employee's assigned compensation and their eligibility based on current rules. When the 'Sales Analyst' job profile was added to the 'Sales' job family, employees in that role inherited the eligibility for the allowance plan tied to the 'Sales' job family. Since this change only established eligibility and the plan has not yet been assigned to the employee, the report will flag this as a component for which the employee is eligible but is not currently assigned. Therefore, it will appear in the 'Unassigned Eligible Compensation Components' column.
A. This plan won't appear on the report: The primary function of this audit report is to highlight such changes in eligibility, so the plan will definitely appear.
B. Assigned Eligible Compensation Components: This column is for plans that are correctly assigned to an employee who is also eligible for them. The scenario implies the plan is not yet assigned.
D. Assigned Ineligible Compensation Components: This column would be used if an employee was assigned a plan but a change made them no longer eligible for it.
1. Workday Documentation
Report: Employee Compensation Audit. The documentation for this standard report specifies its purpose is to audit employee compensation against eligibility rules. It defines the 'Unassigned Eligible Compensation Components' column as displaying compensation components (plans) for which a worker is eligible but that are not part of their current compensation package.
2. Workday Documentation
Set Up Compensation Eligibility Rules. This guide details how eligibility rules function. It explains that when a rule is based on a Job Family
all Job Profiles within that family inherit the eligibility. The change described in the scenario directly impacts the eligibility of the 'Sales Analyst' based on this principle.
3. Workday Pro Compensation
Training Manual
"Auditing Compensation". This training material emphasizes using the Employee Compensation Audit report after making organizational or job-related changes (like modifying a job family) to ensure compensation assignments align with new eligibility criteria. It uses scenarios similar to the question to illustrate the function of the 'Unassigned Eligible' and 'Assigned Ineligible' columns.
Keep practicing
Take the free WORKDAY-PRO-COMPENSATION practice test
Ten exam-style questions with answers and explanations, plus the exam facts and study guides.
More questions
Other WORKDAY-PRO-COMPENSATION practice questions
- Question 1An employee is eligible for these compensation bases: International Compensation (ranking…
- Question 2A customer has several one-time payment plans within a tenant. They want to ensure that d…
- Question 3You need to create a car allowance plan. In order for your compensation plan to be paid b…
- Question 4What is the purpose of the compensation element?
- Question 5A mobile allowance plan has an amount of $150 per month. The new amount will be $200 for …
- Question 6You created a new one-time payment plan and enabled employees to request payments for the…
