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Describe how variable pay assigns bonus plans to eligible employees, add MDF and Legacy eligibility, and enable compensation eligibility for variable pay program.
Define business goals and weights, configure varpay goal plan template, and create the business goals and weights files.
Configure Variable Pay background element and Employee History data file; define the relationship between the background element and employee history data file, as well as the importance of assignment dates; create basis using custom formula and add field to the background element; upload Employee history data file and update Employee history data file.
Define scope and different integration projects involving Employee Central; integrate a Variable Pay plan.
Define and create a bonus plan.
Describe the supported hierarchy methods, goal gates and accelerators, flexible payout curve, how proration works, and implication of decentralized administration to variable pay; create guidelines and budget; enumerate reasons for multiple variable pay programs and for multiple bonus plans.
The C_THR87_2205 certification exam covers a broad range of topics related to the SAP SuccessFactors Variable Pay module. The exam tests the candidate's knowledge of variable pay concepts, such as bonus plans, incentive plans, and commission plans, as well as their ability to configure and manage these programs using SAP SuccessFactors.
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The SAP C_THR87_2205 certification exam is designed for individuals who wish to demonstrate their knowledge and skills in SAP SuccessFactors Variable Pay 1H/2022. This certification is ideal for HR professionals who are responsible for managing variable pay programs and rewards within their organization. The exam covers a range of topics, including variable pay plan creation, budget allocation, and compensation calculation. Successful candidates will have a deep understanding of SAP SuccessFactors Variable Pay and will be able to leverage its functionality to drive business success.
NEW QUESTION # 68
What is the effect of proration rounding?
Answer: D
NEW QUESTION # 69
The bonuses of all employees at your client are determined by the following results: 30% Corporate Performance. 30% Country Performance. 40% Individual Achievement. All employees have the same result for Corporate Performance, but the result for Country Performance varies based on the employee's country. The Individual Achievement comes from a linked performance form's overall result. How would this be configured? Note: There are 2 correct answers to this question.
Answer: A,D
NEW QUESTION # 70
Which field types can be added to the variable pay background section? Note: There are 3 correct answers to this question.
Answer: A,C,E
NEW QUESTION # 71
Company ABC rewards its employees using an additive plan based on company (50% weight) and individual (50% weight) performance. An employee's target bonus is 4,000 (100% payout). The company performance is based on two objectives, each weighted at 50% - revenue and operating Income. The revenue objective achievement is 80% and the operating income objective achievement is 90%. If the Individual achievement is 150%, which expression best represents how the bonus is calculated?
Answer: D
NEW QUESTION # 72
What feature allows employees to view their individual bonus results even if variable pay forms are still in progress?
Answer: B
NEW QUESTION # 73
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