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

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Dahlia

10 months ago

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

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Shantell

8 months ago

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

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Leonora

9 months ago

C) Direct and indirect compensation

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Virgilio

9 months ago

A) Fixed pay and variable pay

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Claudio

10 months ago

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

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Jenelle

9 months ago

C) Direct and indirect compensation

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Michael

9 months ago

B) Base pay and annual incentives

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Mable

10 months ago

A) Fixed pay and variable pay

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Darrin

10 months ago

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

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Jarod

10 months ago

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

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James

10 months ago

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

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Jospeh

10 months ago

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

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Kenia

11 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.

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Kara

11 months ago

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

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Shaniqua

11 months ago

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

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Cherilyn

10 months ago

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

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Margarita

10 months ago

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

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Lashaunda

10 months ago

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

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Franklyn

11 months ago

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

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