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WorldatWork C1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Tax and Reporting Requirements | 15% | - Form W-2 and other reporting obligations - IRS rules for taxable and non-taxable compensation - Executive compensation disclosure rules |
| Anti-Discrimination Laws | 20% | - Age Discrimination in Employment Act - Americans with Disabilities Act - Equal Pay Act - Title VII of Civil Rights Act |
| Other Key Regulations | 10% | - State and local regulatory variations - Family and Medical Leave Act |
| Overview of Regulatory Framework | 15% | - Impact of regulation on compensation design and administration - Federal regulatory structure and authority |
| Fair Labor Standards Act (FLSA) | 25% | - Minimum wage and overtime requirements - Exempt vs non-exempt classification rules - Recordkeeping and compliance obligations |
| Labor Relations Regulations | 15% | - National Labor Relations Act - Impact of unionization on compensation practices |
WorldatWork Regulatory Environments for Compensation Programs Sample Questions:
1. Which of the following acts is focused on employers with construction contracts with the government?
A) McNamara-O'Hara Act
B) Davis-Bacon Act
C) Sherman Antitrust Act
D) National Labor Relations Act
2. A medical benefits plan provision ensuring that the correct plan is paying expenses when the member is covered under more than one plan is known as what?
A) Coordination of benefits
B) Out-of-pocket expenses
C) Coinsurance
D) Deductible
3. Which of the following is the best example of a variable cost?
A) Maintenance
B) Rent
C) Audit fees
D) Shipping
4. Which of the following acts is focused on employers with construction contracts with the government?
A) McNamara-O'Hara Act
B) Davis-Bacon Act
C) Sherman Antitrust Act
D) National Labor Relations Act
5. What best describes an effective core technique for communicating with executives?
A) Focus on negative issues first, such as compensation costs exceeding budget, to get their attention
B) Recommend a solution that will solve the issue and explain why it is the best solution available.
C) Assume they have little knowledge of the issue and make a detailed presentation leading up to the purpose of the meeting.
D) Provide a wide range of facts and figures. With their high level of responsibility, executives must have all the data before they can make informed decisions.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: B |
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