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WorldatWork C1 Exam Syllabus Topics:

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

WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

1. What is the minimum age for an individual to qualify for protection under the Age Discrimination in Employment Act?

A) 45
B) 40
C) 50
D) 55


2. Gross margin is which of the following, as percent of revenue?

A) Cost of goods sold
B) Expenses plus taxes and depreciation
C) Gross profit minus expenses
D) Revenue minus cost of goods sold


3. How are the compensation communication needs of managers different from those of individual employees?

A) They have more duties and responsibilities and are less likely to have the time to discuss compensation issues.
B) They tend to have more influence, so it is important to resolve any concerns they have quickly and efficiently.
C) They aren't. Managers are concerned about their compensation also.
D) They are also responsible for merit increases, incentives and hiring so they have greater information needs.


4. Regarding fixed and variable costs, what tends to happen as revenue increases?

A) Fixed costs decrease
B) Variable costs decrease
C) Fixed costs remain the same and consume a lower percent of revenue
D) Variable costs increase and consume a higher percent of revenue


5. Which of the following is an example of a reasonable accommodation?

A) Creating a separate area for the disabled employee to work
B) Job restructuring
C) Providing a pre-employment medical exam
D) Creating a new position in the company


Solutions:

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

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