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?

ATo achieve organizational cost savings through base pay reductions

BTo increase employee identification with the organization's success

CTo defer compensation expenses to future reporting periods

DTo reward individual employees for some significant contribution

Show Suggested Answer

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

3 days ago

Definitely, it's a win-win situation when employees are rewarded for the company's success.

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Antione

16 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

16 days ago

D) To reward individual employees for some significant contribution

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Lang

20 days ago

B) To increase employee identification with the organization's success

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Levi

27 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

2 days ago

I see your point, but I think the main focus is on overall organizational success.

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Harrison

3 days ago

D) To reward individual employees for some significant contribution

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Ashanti

5 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

9 days ago

C) To defer compensation expenses to future reporting periods

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Ailene

18 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

2 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

3 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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