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Exam CECP Topic 1 Question 57 Discussion
Worldatwork Exam CECP Topic 1 Question 57 Discussion
Actual exam question for Worldatwork's CECP exam
Question #: 57
Topic #: 1
[All CECP Questions]
Why are lump-sum increases generally used?
A
To control annual fixed costs from base pay adjustments
B
To elevate employees who are below the midpoint in the range
C
To reward employees under short-term incentive plans
D
To 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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Lai
5 months ago
I think Bob's right. It's cost control which is important.
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Chanel
5 months ago
I'm leaning towards D. Some organizations use it to make up for lack of benefits.
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Santos
6 months ago
I thought it might be C. Short-term incentive plans use lump-sums, right?
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Hoa
6 months ago
Could be B too. Isn't it about elevating those below the midpoint?
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Long
6 months ago
I think it's A. Controlling annual fixed costs makes sense.
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Lai
7 months ago
I find this question tricky. What do you guys think?
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Lai
5 months agoChanel
5 months agoSantos
6 months agoHoa
6 months agoLong
6 months agoLai
7 months ago