Worldatwork CECP Exam Topics
Worldatwork CECP Exam Overview :
| Exam Name: | Certified Executive Compensation Professional Exam |
| Exam Code: | CECP |
| Certifications: | Worldatwork CCP Certification |
| See Expected Questions: | Worldatwork CECP Expected Questions in Actual Exam |
Worldatwork CECP Exam Objectives :
| Section | Objectives |
|---|---|
| Strategic Management of Executive Compensation | This domain of the exam covers how to understand an organization's mission, vision, and strategy. How to align executive compensation with business goals. It covers how to develop compensation strategy and objectives, consider organizational culture and governance, recognize internal/external influences and shareholder interests Stay informed on industry trends, and work closely with the Board's compensation committee. |
| Design Executive Compensation Plans | This section of the exam covers how to collect nd analyze market data, understand various compensation components (base pay, short-term and long-term incentives, equity, benefits) Develop recommendations for all compensation elements, establish performance measures, consider legal compliance and internal equity, work with stakeholders and external experts, understand financial statements, tax, and accounting principles. |
| Administer Executive Compensation Programs | In this section, focus is given to how to manage all aspects of executive compensation (base pay, bonuses, incentives, benefits, perquisites), support Board committees and provide analytical tools, collaborate with internal departments (Finance, Accounting, Legal, Investor Relations), communicate with executives about their compensation packages, ensure compliance with accounting, tax, and disclosure requirements, and pPrepare documents for shareholder meetings and SEC filings. |
| Evaluate Executive Compensation Programs | In this section, the topics covered include how to use statistical tools to assess plan performance, analyze the success of various compensation designs, gather qualitative and quantitative data, assess plans against objectives and market competitiveness, assess legal compliance and service provider performance, and identify unintended outcomes and implement necessary enhancements. |
| Official Information | https://www.worldatwork.org/certification/certified-executive-compensation-professional-cecp/ |
Updates in the Worldatwork CECP Exam Topics:
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