What does theGross Upcheckbox on aone-time payment planindicate?
A.
You want Workday to automatically adjust the one-time payment so the employee receives thefull amount after taxes.
B.
You want Workday to apply taxes on the one-time payment.
C.
You want Workday to require a compensation partner to manually update the gross-up amount.
D.
You want Workday to show the taxes to the user when requesting a one-time payment.
The Answer Is:
A
This question includes an explanation.
Explanation:
TheGross Upoption on a one-time payment plan instructs Workday to calculate and add additional earnings so that the employee receives anet amount equal to the target value, after applicable taxes are withheld. This is commonly used for bonuses, relocation payments, or awards where the employer agrees to cover the tax impact.
When Gross Up is enabled, Workday works with Payroll to determine the required gross amount that results in the desired net payment. Taxes are always applied by payroll regardless of this setting; the checkbox simply controls whether Workday compensates for them.
Gross Up does not require manual adjustment, nor does it only display tax information. It is an automated calculation designed to meet net-pay commitments.
Therefore, optionAis the correct answer.
Workday-Pro-HCM-Core PDF/Engine
Printable Format
Value of Money
100% Pass Assurance
Verified Answers
Researched by Industry Experts
Based on Real Exams Scenarios
100% Real Questions
Get 65% Discount on All Products,
Use Coupon: "ac4s65"