Worldatwork Exam CECP Topic 3 Question 69 Discussion

Actual exam question for Worldatwork's CECP exam

Question #: 69
Topic #: 3

[All CECP Questions]

What best describes the two primary elements of compensation?

AFixed pay and variable pay

BBase pay and annual incentives

CDirect and indirect compensation

DSalary and hourly rate

Show Suggested Answer

Suggested Answer: A

by Lottie at Sep 19, 2024, 02:09 AM

Limited Time Offer

25%

Off

Get Premium CECP Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Dahlia

2 months ago

Salary and hourly rate, the classic yin and yang of the paycheck.

upvoted 0 times

Shantell

8 days ago

Salary and hourly rate, the classic yin and yang of the paycheck.

upvoted 0 times

...

Leonora

12 days ago

C) Direct and indirect compensation

upvoted 0 times

...

Virgilio

14 days ago

A) Fixed pay and variable pay

upvoted 0 times

...

Claudio

2 months ago

Base pay and annual incentives, the bread and butter of any compensation package.

upvoted 0 times

Jenelle

1 months ago

C) Direct and indirect compensation

upvoted 0 times

...

Michael

1 months ago

B) Base pay and annual incentives

upvoted 0 times

...

Mable

1 months ago

A) Fixed pay and variable pay

upvoted 0 times

...

Darrin

2 months ago

Gotta love that direct and indirect compensation, am I right?

upvoted 0 times

Jarod

1 months ago

I agree, having a mix of fixed pay and variable pay can also motivate us to perform better and reach our goals.

upvoted 0 times

...

James

2 months ago

I prefer having a good balance of both direct and indirect compensation to feel valued and secure in my job.

upvoted 0 times

...

Jospeh

2 months ago

Yes, direct compensation is what we see in our paycheck, while indirect compensation includes benefits like healthcare and retirement plans.

upvoted 0 times

...

Kenia

2 months ago

I'm not sure, but I think C) Direct and indirect compensation could also be correct, as it includes both monetary and non-monetary benefits.

upvoted 0 times

...

Kara

3 months ago

I agree with Franklyn, because fixed pay is the guaranteed amount an employee receives, while variable pay can fluctuate based on performance.

upvoted 0 times

...

Shaniqua

3 months ago

A) Fixed pay and variable pay - that's the classic combo!

upvoted 0 times

Cherilyn

2 months ago

B) Base pay and annual incentives - those are key components for sure.

upvoted 0 times

...

Margarita

2 months ago

C) Direct and indirect compensation - it's important to consider both!

upvoted 0 times

...

Lashaunda

2 months ago

A) Fixed pay and variable pay - that's the classic combo!

upvoted 0 times

...

Franklyn

3 months ago

I think the answer is A) Fixed pay and variable pay.

upvoted 0 times

...