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WorldatWork C1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Other Key Regulations10%- State and local regulatory variations
- Family and Medical Leave Act
Topic 2: Labor Relations Regulations15%- National Labor Relations Act
- Impact of unionization on compensation practices
Topic 3: Overview of Regulatory Framework15%- Federal regulatory structure and authority
- Impact of regulation on compensation design and administration
Topic 4: Fair Labor Standards Act (FLSA)25%- Exempt vs non-exempt classification rules
- Minimum wage and overtime requirements
- Recordkeeping and compliance obligations
Topic 5: Tax and Reporting Requirements15%- Form W-2 and other reporting obligations
- IRS rules for taxable and non-taxable compensation
- Executive compensation disclosure rules
Topic 6: Anti-Discrimination Laws20%- Americans with Disabilities Act
- Equal Pay Act
- Title VII of Civil Rights Act
- Age Discrimination in Employment Act

WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

Question 1

Which of the following is the earnings available to equity owners after paying debt and taxes?

A. Net income
B. EBIT
C. EPS
D. Operating profit


Question 2

Which of the following benefits are usually offered at the discretion of the employer?

A. Social security programs
B. Disability (occupational)
C. Unemployment insurance
D. Retirement plans


Question 3

Which one of the following should be included in a compensation guide for managers?

A. Individual salary rates of employees in their department
B. The consequences of various disciplinary measures
C. Information on common management processes


Question 4

Which of the following is the best example of applying business acumen to data analysis?

A. Providing quarterly incentive estimates for accruals
B. Reviewing historical trends to complete annual budgets
C. Identifying trends and key messages emerging over time
D. Compiling data needed to calculate salary budgets and merit increases


Question 5

Regarding cost analysis of compensation expense, which job is most likely to incur fixed costs for the company?

A. Production worker
B. HR Director
C. Account executive
D. IT contractor


Solutions:

Question 1
Answer: A
Question 2
Answer: D
Question 3
Answer: C
Question 4
Answer: C
Question 5
Answer: B

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