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WorldatWork C1 Exam Syllabus Topics:

WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

1. What best describes a use of strategic analysis?

A) Pricing your products appropriately
B) Understanding your business and its competitive strengths and weaknesses
C) Forecasting profit, growth and investment performance to develop realistic budgets
D) Evaluating prior year performance for the narrative portion of annual financial reports

2. Which of the following combines traditionally segregated time off and leave programs into one policy covering a single block of time?

A) Personal leave
B) Severance allowances
C) Paid time off (PTO) bank
D) Sabbatical

3. To qualify for the executive exemption from the minimum wage and overtime provisions of the FLSA, among other things what must an employee do?

A) Customarily and regularly direct the work of at least two full-time employees
B) Perform work that is intellectual and varied
C) Possess knowledge of an advanced type in business administration
D) Devote less than 15% of his/her time to nonexempt work

4. Which of the following acts is focused on employers with service contracts with the government?

A) McNamara-O'Hara Act
B) Davis-Bacon Act
C) National Labor Relations Act
D) Sherman Antitrust Act

5. Regarding compensation communications with executives, where do they tend to need the greatest level of understanding?

A) In the overall program objectives
B) In the details of their individual compensation packages
C) In the methods and processes used to make pay decisions
D) In the differences in pay levels for the different levels of the organization

Solutions: