WorldatWork Certified Executive Compensation Professional - CECP 模擬練習

A. Representing your view with data and relating it to business results

B. Giving priority to perspectives based on the job or influence level of the stakeholders

C. Being firm and uncompromising in your decision-making

D. Finding a compromise that may not appease all stakeholders but does not give any one group or person everything they are seeking

A. The budget

B. The aggregate performance of the same quarter in the previous three years

C. The previous quarter

D. The same quarter in the previous year, plus the current six-month or nine-month cumulative comparables

A. Financial Management

B. Resource Management

C. Policy Management

D. HR Management

A. A company's mean capital expenditure per employee

B. The change in working capital over a specific period of time, typically one year

C. A company's efficiency in converting short-term capital into cash

D. The amount of cash needed to meet the company's short-term obligations

A. Product/service leadership

B. Brand loyalty

C. Customer intimacy

D. Operational excellence

A. It is related to the extent that it affects variable pay awards. Base pay is based solely on tenure, prior experience and job skills.

B. It helps managers meet salary budgets by allowing them to adjust review results to align with available salary increase funds.

C. It isn't. The performance review should not be related to pay decisions.

D. It provides managers a measure that can be used along with salary planning guidelines to determine appropriate rewards or consequences.

A. Because the best interests of the organization take priority, which can lead to difficult decisions and implementation issues

B. Because strong business executive is required for all compensation decisions

C. Because the internal and external environments are constantly changing

D. Because they are emotional issues and stakeholders have many vested interests

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

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

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

D. 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

A. Principles that guide the design of compensation programs

B. Guidelines that determine the administration of compensation programs

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

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

A. The ability to prioritize which is most critical in any given situation and allocate time and resources accordingly

B. Effective interpersonal and communication skills that can overshadow minor deficiencies in any one area

C. The ability to tie them together, distill key messages and make impactful decisions

D. The level of formal education in each area