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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: Fair Labor Standards Act (FLSA) | 25% | - Recordkeeping and compliance obligations - Minimum wage and overtime requirements - Exempt vs non-exempt classification rules |
| Topic 3: Tax and Reporting Requirements | 15% | - Form W-2 and other reporting obligations - IRS rules for taxable and non-taxable compensation - Executive compensation disclosure rules |
| Topic 4: Other Key Regulations | 10% | - State and local regulatory variations - Family and Medical Leave Act |
| Topic 5: Labor Relations Regulations | 15% | - Impact of unionization on compensation practices - National Labor Relations Act |
| Topic 6: Anti-Discrimination Laws | 20% | - Americans with Disabilities Act - Title VII of Civil Rights Act - Age Discrimination in Employment Act - Equal Pay Act |
WorldatWork Regulatory Environments for Compensation Programs Sample Questions:
1. What best describes a use of strategic analysis?
A) Pricing your products appropriately
B) Forecasting profit, growth and investment performance to develop realistic budgets
C) Understanding your business and its competitive strengths and weaknesses
D) Evaluating prior year performance for the narrative portion of annual financial reports
2. Which government agency enforces the Sherman Antitrust Acton issues related to the workforce?
A) Office of Federal Contract Compliance Programs
B) Department of Labor
C) Equal Employment Opportunity Commission
D) National Labor Relations Board
3. What is one reason that it is important to perform a periodic audit of processes and results?
A) It is required by the Department of Labor
B) It determines what information and data sources will be used in the audit
C) It builds in a process of continuous improvement
D) It is required in determining increase budgets
4. Which type of base pay is typically based on an individual employee's rate of production?
A) Production rate
B) Salary
C) Piece rate
D) Hourly rate
5. Which of the following scenarios best describes a contract worker?
A) A computer programmer who telecommutes, uses her own equipment and works for multiple employers
B) A technician who works a scheduled shift and performs tasks as assigned according to specifications.
C) An accounts payable specialist who works at the company site utilizing an internal A/P system and pays vendors according to company procedures.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: A |
