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CECP Exam Dumps : Certified Executive Compensation Professional

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Certified Executive Compensation Professional Questions and Answers

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Question 1

Which of the following is the best definition of variable pay?

Options:

A.

Compensation that is given in the form of perquisites such as a company car, fitness membership, paid training, etc.

B.

Compensation that is nondiscretionary and does not vary according to performance or results

C.

Compensation that is contingent on discretion, performance or results

D.

Compensation that is determined by the organization's pay structure   

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Question 2

Using efficient and cost-effective approaches to integrate technology into the workplace is most likely to do what?

Options:

A.

Reduce compensation expense

B.

Improve program efficacy

C.

Select the best vendors

D.

Compensate employees competitively

Question 3

Which of the following is a true statement regarding the talent development needs of employees?

Options:

A.

If employees believe their skills will fall behind their professional peers, they will be afraid to look for another job.

B.

Obtaining and developing skills provides leverage for the employee to seek more compensation.

C.

Opportunities for career advancement are important to employees in their decisions to either join or leave an organization.

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