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Workday-Pro-Compensation Exam - Topic 3 Question 14 Discussion

You have a seniority dynamic calculated plan to increase the amount of the plan every three years of an employee's employment. An employee reaches their sixth anniversary. What do you need to do to make sure this employee's plan updates with the new amount?
D) You do not need to do anything. Workday will check daily and automatically change the amount for the employee.
A) You need to create a custom audit report to identify employees who reach their anniversary, and then submit a Request Compensation Change to run the calculation and update the amount for the employee.
B) You need to set up the Schedule Automatic Step Progression task so Workday is on schedule to process the calculation on the anniversary and change the amount for the employee.
C) You need to schedule a Mass Operation Management task to evaluate and update anyone assigned to the dynamic plan.

Workday-Pro-Compensation Exam - Topic 3 Question 14 Discussion

Actual exam question for Workday's Workday-Pro-Compensation exam
Question #: 14
Topic #: 3
[All Workday-Pro-Compensation Questions]

You have a seniority dynamic calculated plan to increase the amount of the plan every three years of an employee's employment. An employee reaches their sixth anniversary. What do you need to do to make sure this employee's plan updates with the new amount?

Show Suggested Answer Hide Answer
Suggested Answer: D

A seniority dynamic calculated plan automatically adjusts based on worker attributes such as length of service.

Workday evaluates dynamic calculations daily, ensuring that once an employee reaches their 3-year, 6-year, or other milestone, the plan amount updates automatically without manual intervention.

Why not the others?

A . Audit report + Request Compensation Change -- Unnecessary; dynamic plans do not require manual updates.

B . Schedule Automatic Step Progression -- That applies to step progression plans, not dynamic calculated plans.

C . Mass Operation Management -- Used for bulk updates, but not required here because Workday auto-updates dynamic plans.


Workday Pro Compensation -- Dynamic Calculated Plans Guide: Dynamic plans are self-updating based on employee data, recalculated daily.

Workday Community -- Dynamic Plan Functionality: Confirms no manual action is needed for anniversary-based increases.

Contribute your Thoughts:

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Leonida
12 hours ago
I think I remember something about needing to submit a Request Compensation Change, but I'm not entirely sure if that's the only step needed.
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Carmelina
6 days ago
I’m pretty sure Workday does some automatic checks, but I don’t think it updates everything without some action on our part.
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Mammie
11 days ago
I practiced a similar question where we had to evaluate multiple employees at once, so I wonder if the Mass Operation Management task could be relevant here too.
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Carlota
16 days ago
I feel like the Schedule Automatic Step Progression task might be the right answer since it sounds like it would handle the updates automatically.
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Kimbery
2 months ago
I think I remember something about needing to submit a Request Compensation Change, but I'm not entirely sure if that's the only step needed.
upvoted 0 times
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