HR, Payroll & Talent Modules Flashcards
7 cards from real ERP practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
Read the first 7 HR, Payroll & Talent Modules flashcards as text
In ERP HR, what is the purpose of a 'labor distribution' or 'cost allocation' configuration?
Answer: Allocating employee payroll costs to specific cost centers, projects, or departments in the general ledger
Labor distribution configuration in ERP defines how payroll expenses are charged to specific cost centers, grants, projects, or departments, enabling accurate financial reporting and job costing.
Which ERP payroll feature ensures that employees in the same job grade are compensated consistently relative to external market data?
Answer: Compa-ratio calculation
Compa-ratio (comparison ratio) compares an employee's actual pay to the midpoint of their pay range, helping HR assess how competitive individual salaries are within the established pay structure.
In an ERP succession planning module, what is a 'talent pool'?
Answer: A curated group of internal employees identified as ready or nearly ready to fill key positions
A talent pool in ERP succession planning is a defined group of internal employees who have been assessed and developed as potential successors for critical or key positions in the organization.
What ERP functionality tracks the accumulation of employee hours for overtime eligibility under the FLSA?
Answer: Time and attendance module with FLSA overtime rules
The time and attendance module in ERP can be configured with FLSA rules to automatically calculate overtime eligibility when non-exempt employees exceed 40 hours in a workweek.
In ERP HR, what is the purpose of the 'Employee Self-Service (ESS)' portal?
Answer: Enabling employees to view and update their own personal, payroll, and benefits information without HR intervention
Employee Self-Service portals empower employees to independently manage tasks like updating personal information, viewing pay stubs, enrolling in benefits, and submitting time-off requests, reducing HR administrative burden.
Which ERP payroll component defines the tax withholding rules applied to employee paychecks based on W-4 elections?
Answer: Tax withholding tables and filing status
Tax withholding tables and the employee's W-4 filing status (including allowances or adjusted withholding amounts) are used by the ERP payroll engine to calculate the correct federal income tax to withhold each pay period.
In ERP talent modules, what is the difference between a 'job requisition' and a 'job posting'?
Answer: A job requisition is the internal approval to hire, while a job posting is the public-facing advertisement for the role
A job requisition is the internal HR document that captures the need to hire and goes through an approval workflow, while a job posting is the external-facing advertisement published to candidates once the requisition is approved.