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WorldatWork C1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Overview of Regulatory Framework | 15% | - Federal regulatory structure and authority - Impact of regulation on compensation design and administration |
| Topic 2: Tax and Reporting Requirements | 15% | - Form W-2 and other reporting obligations - Executive compensation disclosure rules - IRS rules for taxable and non-taxable compensation |
| Topic 3: Fair Labor Standards Act (FLSA) | 25% | - Recordkeeping and compliance obligations - Exempt vs non-exempt classification rules - Minimum wage and overtime requirements |
| Topic 4: Anti-Discrimination Laws | 20% | - Age Discrimination in Employment Act - Americans with Disabilities Act - Equal Pay Act - Title VII of Civil Rights Act |
| Topic 5: Labor Relations Regulations | 15% | - Impact of unionization on compensation practices - National Labor Relations Act |
| Topic 6: Other Key Regulations | 10% | - Family and Medical Leave Act - State and local regulatory variations |
WorldatWork Regulatory Environments for Compensation Programs Sample Questions:
1. Until what age does the FLSA limit the number of hours of nonhazardous work? (...as long as the overtime pay provisions are met)
A) 16 years of age
B) 14 years of age
C) 15 years of age
D) 18 years of age
2. Which of the following is a type of variable pay?
A) Piece rate
B) Commissions
C) Hourly rate
D) Salary
3. Which statement is most accurate regarding the effect of taxation on the benefits that employers offer?
A) Taxation is the primary reason that employers offer benefits; in the absence of tax incentives, employers would be unlikely to offer them.
B) Taxation has no effect on employee benefits; employers offer benefits for competitive reasons only.
C) Taxation affects the level of benefits offered, the source of benefits and the employer/employee cost- sharing basis.
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) National Labor Relations Act
D) Sherman Antitrust Act
5. What best describes the most effective tactic for getting stakeholders' attention and buy-in?
A) Schedule a meeting of all stakeholders and make a strong case that overcomes all of their objections
B) Ask them to review or provide feedback, especially on something you have done for them
C) Talk to the individuals they report to in advance and gain their support so the stakeholders realize upper management already supports your position
D) Explain in precise terms to each stakeholder how your position is the most realistic approach to the issue or concern
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: B |
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