WorldatWork Certified Executive Compensation Professional - CECP무료 덤프문제 풀어보기

A. They have very little effect as long as they are managed effectively and efficiently

B. Their success or failure is closely tied to the success or failure of organizationwide goals and objectives

C. They affect the organization's overall financial status and impact multiple stakeholders across most, if not all, business units

D. They typically have the greatest effect on net income and operating results of any organizational expense or program

A. Understanding your business and its competitive strengths and weaknesses

B. Forecasting profit, growth and investment performance to develop realistic budgets

C. Pricing your products appropriately

D. Evaluating prior year performance for the narrative portion of annual financial reports

A. Demonstrate how it is aligned to the rewards philosophy, principles and organizational business strategy

B. Identify in advance the priorities of the various stakeholders and design your presentation to address any objections or perceptions they may have

C. Provide details on the plan design and measures and how they will be administered to employees at different levels

D. Make the case that a self-funded plan poses no risk to the organization while creating the potential for significant gains

A. Statistical analysis

B. Business forecasting

C. Business analytics

D. Predictive modeling

A. 90/10 for the majority of employees (base/variable) to share in the company's success with increased variable pay for management/executives to motivate employees to seek higher positions

B. A varying mix depending on employee influence on goals to provide the necessary incentive to maximize profits

C. 100% variable pay to motivate all employees to maximize productivity and sales

D. High base pay and low variable pay to ensure predictability of total compensation expense

A. The business plan

B. The mission statement

C. The corporate objective

D. The competitive strategy

A. Recruiting

B. Plan administration

C. Procurement

D. Setting priorities

A. Operational excellence

B. Brand loyalty

C. Customer intimacy

D. Product/service leadership

A. The compensation committee's interpretation of how employees can best meet business objectives

B. Principles that guide the design of compensation programs

C. Guidelines that determine the administration of compensation programs

D. Statement of what the organization believes about how people should be paid

A. Ensuring that all regulatory and voluntary payroll deductions are properly administered

B. Ensuring they are appropriately selected, developed, appraised and rewarded

C. Monitoring individual employee career paths and succession planning

D. Communicating regularly with line management on performance management