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. Four variable pay templates, with the bonus start and end dates aligned with “traditional” quarter dates and custom columns in the employee history to display the customer’s dates
B. Four variable pay templates, with the bonus start and end dates aligned with the customer’s dates and employee history to match
C. One variable pay template with the bonus start date November 1 and end date October 31; employee history is loaded with four records per employee (one per quarter) and bonus paid in full on October 31
D. One variable pay template with the bonus start date November 1 and end date October 31, and the bonus plan multiplier set to 25%
Answer:A
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. Four variable pay templates, with the bonus start and end dates aligned with “traditional” quarter dates and custom columns in the employee history to display the customer’s dates B. Four variable pay templates, with the bonus start and end dates aligned with the customer’s dates and employee history to match C. One variable pay template with the bonus start date November 1 and end date October 31; employee history is loaded with four records per employee (one per quarter) and bonus paid in full on October 31 D. One variable pay template with the bonus start date November 1 and end date October 31, and the bonus plan multiplier set to 25%