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Worldatwork Exam CECP Topic 1 Question 50 Discussion

Actual exam question for Worldatwork's CECP exam
Question #: 50
Topic #: 1
[All CECP Questions]

What is a primary objective of profit-sharing and performance-sharing variable pay plans?

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Suggested Answer: A

by Helga at Dec 26, 2023, 01:30 AM

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Lonny
1 months ago
I'd go with A just to see the finance team's faces when they have to cut everyone's base pay. Talk about employee engagement!
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Chara
1 months ago
B is my pick. Aligning employees' interests with the company's success through profit-sharing is a classic motivation technique.
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Sharika
2 days ago
Definitely, it's a win-win situation when employees are rewarded for the company's success.
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Antione
15 days ago
I agree, B is a great choice. It really does help employees feel more connected to the company.
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Marica
1 months ago
Hah, C is a good one. Deferring compensation expenses? That's probably more of a sneaky side effect than the intended goal!
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Delpha
15 days ago
D) To reward individual employees for some significant contribution
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Lang
19 days ago
B) To increase employee identification with the organization's success
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Levi
26 days ago
A) To achieve organizational cost savings through base pay reductions
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Harrison
2 months ago
D seems tempting, but I'm not sure that's the primary objective. Rewarding individual contributions is likely a secondary benefit, not the main purpose.
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Merissa
1 days ago
I see your point, but I think the main focus is on overall organizational success.
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Harrison
2 days ago
D) To reward individual employees for some significant contribution
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Ashanti
4 days ago
I don't think that's the primary objective, it's more about recognizing performance in the present.
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Shelia
8 days ago
C) To defer compensation expenses to future reporting periods
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Ailene
17 days ago
That might be a benefit, but I think the main goal is to motivate employees.
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Dana
1 months ago
A) To achieve organizational cost savings through base pay reductions
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Virgina
1 months ago
I agree, it's important for employees to feel connected to the company's goals.
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Ashlee
2 months ago
B) To increase employee identification with the organization's success
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Carmen
2 months ago
I think the answer is B. Increasing employee identification with the organization's success seems like the primary goal of these types of variable pay plans.
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Denny
2 months ago
I believe the answer is D) To reward individual employees for some significant contribution. It motivates employees to perform better.
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Pilar
2 months ago
I agree with Cecil. It's important for employees to feel connected to the organization's success.
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Cecil
2 months ago
I think the primary objective is to increase employee identification with the organization's success.
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Avery
2 months ago
I believe it's important to reward individual employees for their significant contributions. It helps in retaining top talent.
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Carmelina
3 months ago
I agree with Luisa. It motivates employees to work harder when they know they will be rewarded for their contributions.
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Luisa
3 months ago
I think the primary objective is to increase employee identification with the organization's success.
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