Workday Pro Compensation Practice Questions - Workday Pro Compensation Certification Exam

What is the key difference between a Salary Plan and a Period Salary Plan in Workday?

Salary Plan is annualized and prorated across pay periods; Period Salary Plan pays a fixed amount each pay period regardless of pay frequency Period Salary Plan is for executives only Salary Plan cannot be assigned to hourly workers Period Salary Plan is used only for retirees

Correct Answer:

Salary Plan is annualized and prorated across pay periods; Period Salary Plan pays a fixed amount each pay period regardless of pay frequency

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