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Worldatwork Exam CECP Topic 4 Question 62 Discussion

Actual exam question for Worldatwork's CECP exam
Question #: 62
Topic #: 4
[All CECP Questions]

Why are lump-sum increases generally used?

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Suggested Answer: A

by Bo at Jul 03, 2024, 06:57 AM

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Thaddeus
6 months ago
I think it's a combination of both controlling costs and rewarding employees. It depends on the organization's strategy.
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Donte
6 months ago
I believe lump-sum increases are also used to reward employees who are below the midpoint.
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Shad
6 months ago
Personally, I think C is the way to go. Rewarding employees with short-term incentives is the key to keeping them motivated, like dangling a carrot in front of a horse, but with more dollar signs.
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Maryann
4 months ago
I see your point, but I still believe in rewarding employees with short-term incentives for their hard work.
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Leota
4 months ago
I think lump-sum increases are more about controlling costs and staying within budget.
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Myra
4 months ago
I agree, short-term incentives can really boost morale and productivity.
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Sarah
5 months ago
It's important to find a balance between short-term incentives and long-term benefits for employees.
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Douglass
5 months ago
I think lump-sum increases are more about controlling costs and rewarding performance.
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Peggie
6 months ago
I agree, short-term incentives can really boost morale and productivity.
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Shonda
6 months ago
I agree with Alaine, it helps in managing costs effectively.
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Grover
6 months ago
Option B seems like the way to go. Who doesn't love elevating employees? It's like giving them a little boost, like a trampoline for their paychecks.
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Loreta
5 months ago
Definitely, it helps keep employees engaged and satisfied with their compensation.
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Erick
6 months ago
I agree, it's a great way to motivate and retain employees.
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Darrin
7 months ago
A lump-sum increase is a great way to control those pesky annual fixed costs. It's like putting a bandaid on a bullet wound, but hey, at least it's something, right?
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Brittani
6 months ago
B) To elevate employees who are below the midpoint in the range
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Glendora
6 months ago
A) To control annual fixed costs from base pay adjustments
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Alaine
7 months ago
I think lump-sum increases are used to control fixed costs.
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