When employee profile is selected as the rating source for the Variable Pay program, which information is required for the bonus calculation? Note: There are 2 correct answers to this question.
A customer is using a custom formula to calculate the employee basis. What must you do to ensure that the basis calculates correctly?
Your client wants to award quarterly bonuses, where the quarters are aligned as follows: Q1: November 1--January 31. Q2: February 1--April 30. Q3: May 1--July 31. Q4: August 1--October 31. Bonuses are paid at the end of each quarter. Which of the following combinations of configuration options would work for this scenario?
A public sector company would like to pay one business goal according to the following guidelines: If the company makes profits, employees get 100% of their target payout. If the company loses
$50,000, employees get 50% of their target payout. If the company loses $100,000 or more, nobody receives a payout. Finance provides administrators with the final amount on February 1 every year. How should your customer create this interpolated business goal?
Company XYZ rewards its sales employees based on company and individual performance. Each employee's target bonus is a percentage of their salary. Both company and individual performance are combined, then multiplied by the basis. Employees are assigned weighted goals under company performance (revenue, profit, etc.). Which of the following bonus calculation equations is best to use for this organization?
