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Worldatwork Exam CECP Topic 3 Question 81 Discussion

Actual exam question for Worldatwork's CECP exam
Question #: 81
Topic #: 3
[All CECP Questions]

You have been asked to develop a short-term incentive plan that motivates employees in business units to increase productivity. Your team has designed a plan that rewards managers and employees quarterly based on achievement against target on measures that should generate productivity increases that will self-fund the plan. When presenting the plan to senior management, what would be the best strategy to receive approval?

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Suggested Answer: A

Contribute your Thoughts:

Maile
2 months ago
I believe we should also address any potential objections from stakeholders in advance to increase our chances of approval.
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Vi
2 months ago
I agree with Mickie. Senior management needs to see how the plan fits into the overall business goals.
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Thora
2 months ago
I think a combination of demonstrating the plan's strategic alignment and providing the specifics on design and administration is the way to go. Gotta cover all the bases.
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Natalie
29 days ago
C) Make the case that a self-funded plan poses no risk to the organization while creating the potential for significant gains
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Starr
1 months ago
B) Provide details on the plan design and measures and how they will be administered to employees at different levels
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France
1 months ago
A) Demonstrate how it is aligned to the rewards philosophy, principles and organizational business strategy
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Trina
2 months ago
Haha, good luck getting senior management to approve anything without a ton of data and details. This presentation better be thorough!
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B) Provide details on the plan design and measures and how they will be administered to employees at different levels
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Lou
1 days ago
B) Provide details on the plan design and measures and how they will be administered to employees at different levels
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Kayleigh
14 days ago
A) Demonstrate how it is aligned to the rewards philosophy, principles and organizational business strategy
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Jame
29 days ago
A) Demonstrate how it is aligned to the rewards philosophy, principles and organizational business strategy
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Gracia
2 months ago
Addressing the priorities and perceptions of stakeholders is key. Can't forget to highlight the alignment with the overall business strategy.
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Mickie
2 months ago
I think the best strategy would be to demonstrate alignment with the rewards philosophy and organizational strategy.
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Tran
2 months ago
The plan seems well-designed to motivate employees and generate productivity gains. I like the self-funding aspect - it's a win-win for the company.
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Janine
1 months ago
C) Make the case that a self-funded plan poses no risk to the organization while creating the potential for significant gains
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Clement
1 months ago
A) Demonstrate how it is aligned to the rewards philosophy, principles and organizational business strategy
upvoted 0 times
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