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WorldatWork C1 Exam With Confidence Using Practice Dumps

Exam Code:
C1
Exam Name:
Regulatory Environments for Compensation Programs
Certification:
Vendor:
Questions:
0
Last Updated:
N/A
Exam Status:
Stable
WorldatWork C1

C1: WorldatWork Certification Exam 2024 Study Guide Pdf and Test Engine

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Regulatory Environments for Compensation Programs Questions and Answers

Question 1

Which of the following best describes the most likely perspectives of different groups in the organization that compensation professionals must be aware of?

Options:

A.

Investors and Finance want to see money spent wisely. Legal must ensure compliance, and HR and operating departments want to see their needs taken into account to attract, retain and motivate a high quality workforce.

B.

Operating departments and HR understand the company must live within its means and Finance cannot allocate funds to a budget if it is likely that profitability will be adversely affected.

C.

Investors want to maximize gains and want to see compensation tightly controlled and Legal needs to ensure that compensation plans do not attract undue scrutiny.

D.

Operating departments view compensation as it applies to them, HR must balance available resources to attract, retain and motivate employees and Finance knows the value of a motivated workforce and will provide the budget necessary to achieve it.

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Question 2

What type of equity incentive gives employees the right to purchase company shares at a specified price?

Options:

A.

Stock/share options

B.

Stock/share grants

C.

Restricted stock/shares

D.

Performance units   

Question 3

Which of the following is typically considered a health care benefit?

Options:

A.

Defined benefit plan

B.

Death benefits

C.

Defined contribution plan

D.

Vision plan