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WorldatWork C1 Exam Syllabus Topics:

WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

1. How are the compensation communication needs of managers different from those of individual employees?

A) They tend to have more influence, so it is important to resolve any concerns they have quickly and efficiently.
B) They aren't. Managers are concerned about their compensation also.
C) They have more duties and responsibilities and are less likely to have the time to discuss compensation issues.
D) They are also responsible for merit increases, incentives and hiring so they have greater information needs.

2. What statement is most accurate regarding communication of compensation information?

A) Compensation professionals should anticipate the level of the audience and tailor messages to their needs.
B) Compensation terms and practices are unclear to most individuals who do not work in this area and communication should be tailored to the least informed member of the target audience.
C) The ready availability of information online has made it unnecessary for compensation professionals to tailor messages since individuals can research terms and concepts after the fact if they don't understand a communication.
D) Compensation terms are well-known and easily understood by most stakeholders.

3. Which of the following acts is focused on employers with construction contracts with the government?

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

4. When would an employee most likely receive a differential in addition to the regular hourly rate?

A) When working a holiday or weekend
B) When working less time than his or her normal schedule
C) When working in locations other than the corporate office
D) When working in more than one department

5. Gross margin is which of the following, as percent of revenue?

A) Revenue minus cost of goods sold
B) Expenses plus taxes and depreciation
C) Gross profit minus expenses
D) Cost of goods sold

Solutions: