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Exam (elaborations)

Workday HCM Core Exam 100% Correct!!

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  • Workday HCM Core

Compensation Grades - ANSWERDefines the compensation range or salary band, for a given job or job level. Provides Guidance for salary or hourly rates. Compensation Profiles - ANSWERThese allow for variations of grade, usually based on location or currency. Staffing Model: Position Management ...

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  • October 8, 2024
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  • 2024/2025
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  • workday hcm core exam
  • Workday HCM Core
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Workday HCM Core Exam 100%
Correct!!

Compensation Grades - ANSWERDefines the compensation range or salary band, for a given job or
job level. Provides Guidance for salary or hourly rates.



Compensation Profiles - ANSWERThese allow for variations of grade, usually based on location or
currency.



Staffing Model: Position Management - ANSWERProvides Greatest control over hiring.

Must be an approved and available position prior to an EE starting.

More narrowly defined positions. Pay scale/Job Skill/ Experience level can be different for each

Compensation Package - ANSWERThe delivery mechanism for how all the compensation components
are delivered to an employee.



Defaulting - ANSWERAssigning eligibility rules to grades and plans and bundling the grades and plans
to Package allows for this.



Compensation Elements - ANSWERThese are assigned to individual plans and used to connect with
earning in payroll.



Eligibility Rules - ANSWERUsed to automate the assignment of compensation components for an
employee at time of a staffing event.




Staffing Model: Job Management - ANSWERAllows flexibility and speed when hiring

No required number of jobs to be filled

Position no longer exists when the worker leaves

Does not maintain ongoing position history

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