Worldatwork Exam CECP Topic 1 Question 57 Discussion

Actual exam question for Worldatwork's CECP exam

Question #: 57
Topic #: 1

Why are lump-sum increases generally used?

ATo control annual fixed costs from base pay adjustments

BTo elevate employees who are below the midpoint in the range

CTo reward employees under short-term incentive plans

DTo make up for benefits not provided by the organization

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Suggested Answer: A

by Vilma at Apr 26, 2024, 03:41 PM

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6 months ago

I think Bob's right. It's cost control which is important.

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6 months ago

I'm leaning towards D. Some organizations use it to make up for lack of benefits.

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7 months ago

I thought it might be C. Short-term incentive plans use lump-sums, right?

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7 months ago

Could be B too. Isn't it about elevating those below the midpoint?

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7 months ago

I think it's A. Controlling annual fixed costs makes sense.

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7 months ago

I find this question tricky. What do you guys think?

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