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NEW QUESTION 30
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?

  • A. base + (business performance + individual performance)
  • B. base x business performance x individual performance
  • C. base x (business performance x individual performance)
  • D. base x (business performance + individual performance)

Answer: D

 

NEW QUESTION 31
Which of the following can be achieved using variable pay gates? Notes: There are 2 correct answers to this question.

  • A. There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The EBITDA goal will payout at 0% unless the Individual performance rating is "Good" or better.
  • B. There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The Individual section is capped to 100% unless the combined payout of the business goals exceeds 75%.
  • C. There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The entire business goal section will pay out at 50% unless Customer Satisfaction is above target.
  • D. There are three business goals: Revenue, EBITDA, and Customer Satisfaction. The EBITDA goal CANNOT pay more than 100% unless Revenue achieves above target.

Answer: A,C

 

NEW QUESTION 32
What is the relationship between goal weights and bonus plans?

  • A. All bonus plans must have equally weighted business goals.
  • B. Goals are uniquely weighted based on the bonus plan they are assigned to.
  • C. Business goal weights must be created first, before bonus plans are created.
  • D. Goal weights are required to equal 100% for each bonus plan.

Answer: B,D

 

NEW QUESTION 33
Which of the following scenarios are good uses of a global eligibility rule in an Employee Central integrated template? Note: There are 2 correct answers to this question.

  • A. Only employees who have had less than 20 days of unpaid leave during the bonus period are eligible for a bonus.
  • B. Only employees who are active employees on January 1, 2020 are eligible to receive a bonus.
  • C. Only Permanent full-time employees are eligible to receive a bonus.
  • D. Only employees in bonus plans "Executive", "Manager" or "Employee" are eligible to receive a bonus.

Answer: B,C

 

NEW QUESTION 34
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