Expected T7 Exam Topics, as suggested by Worldatwork :

• Module 1: The objectives of the IASB
• Module 2: Relationship between the conceptual framework and stakeholders
• Module 3: Concept of accrual accounting.

Expected GR1 Exam Topics, as suggested by Worldatwork :

• Module 1: Which of the following are three of the six elements of total rewards
• Module 2: Which of these key players involved in the development of the total rewards strategy works closely with HR to facilitate the process

Expected CECP Exam Topics, as suggested by Worldatwork :

• Module 1: Strategic Management of Executive Compensation: In this section, the focus is on the company’s core purpose, future aspirations, and operational approach Ensure executive pay structures support overall business objectives. It covers crafting a comprehensive strategy for compensating top leadership Factor in company culture and leadership structure and be aware of both internal and external factors affecting executive pay, including shareholder perspectives Keep a pulse on current compensation trends in the industry.
• Module 2: Design Executive Compensation Plans: This section deals with how to collect and evaluate relevant market information, how to gain in-depth knowledge of diverse pay elements (salary, annual bonuses, long-term incentives, stock options, additional benefits), make suggestions for each aspect of the compensation package Define clear metrics for assessing performance, and ensure plans comply with legal requirements and maintain internal fairness.
• Module 3: Administer Executive Compensation Programs: This section of the exam covers how to oversee the implementation of all executive pay components (base salary, performance bonuses, incentive plans, benefits, additional perks), assist Board committees and supply them with necessary analytical resources, work in tandem with various internal teams (Finance, Accounting, Legal, Investor Relations), and how to convey compensation details to executives.
• Module 4: Evaluate Executive Compensation Programs: In this section, the focus is given to how to employ quantitative methods to measure plan effectiveness Examine the outcomes of different compensation strategies, compile both numerical and descriptive data, and how to review plans against intended goals and industry standards.

Expected c8 Exam Topics, as suggested by Worldatwork :

• Module 1: Key Business Acumen Skills: This section focuses on developing essential business acumen skills, behaviors, and competencies necessary for Compensation Analysts. Candidates will learn how to analyze and interpret business situations, enabling them to make informed decisions that align with organizational goals. Understanding these skills is crucial for enhancing overall effectiveness in compensation management.
• Module 2: Compensation and Business Outcomes: In this topic, candidates will evaluate and articulate the relationship between compensation strategies and business outcomes, aimed at HR Managers. They will learn how effective compensation can drive performance and contribute to achieving business objectives. This understanding is vital for aligning compensation plans with the organization’s strategic direction.
• Module 3: Essential Financial Concepts: This section covers fundamental financial concepts relevant to compensation management, including common profit measures and metrics, targeted at Finance Professionals. Candidates will grasp how these financial indicators impact organizational performance and decision-making processes. A solid understanding of financial concepts is essential for developing effective compensation strategies.
• Module 4: Business Operations and Competitive Strategies: Candidates will explore how to view business operations through the lenses of competitive strategies, market position, allowances, and business life cycles, aimed at Business Executives. This perspective enables them to understand the broader context in which compensation decisions are made, helping to align compensation strategies with market dynamics.
• Module 5: Key Performance Indicators (KPIs): This topic emphasizes the evaluation of business performance using key performance indicators (KPIs), intended for Performance Analysts. Candidates will learn about various tools and approaches for assessing organizational effectiveness, allowing them to track progress and make data-driven decisions regarding compensation strategies.
• Module 6: Compensation Plans and Organizational Impact: In this section, candidates will examine the relationship between compensation plans and the organization’s bottom line, focusing on Compensation Managers. Understanding how compensation affects overall financial performance is crucial for designing plans that not only attract talent but also support the organization’s financial health. Communication Skills for Engagement: This topic focuses on enhancing communication skills necessary for engaging in discussions with peers from other business areas, aimed at HR Professionals. Candidates will learn effective communication techniques that foster collaboration and understanding across departments, which is essential for implementing successful compensation programs.

Expected C3E Exam Topics, as suggested by Worldatwork :

• Module 1: Data, Information and Levels of Management/ Learn about regression models within the compensation environment
• Module 2: Measure of Central Tendency and/or Location/ Dive into percents, individual compa-ratio, department compa-ratio, market index, percent difference
• Module 3: Gain insights on measures of central tendency, measures of location and percentile bars/ Learn about the levels of measurement
• Module 4: Understand measure of variability including range, interquartile range and standard deviation/ Developing salary ranges and percents in compensation management
• Module 5: Recognize distorted data and commonly used mistakes that distort data/ Learn about populations and samples as well as frequency distributions
• Module 6: Understand how the time value of money is directly related to compensation/ Interpret distributions of data and understand the application
• Module 7: Learn about z-scores, including 2-sigma and 3-sigma rules/ Collecting, Organizing, Grouping and Displaying Data
• Module 8: Constant midpoint progression and annuity payments/ Lying with Statistics, Graphs and Displays

Expected C2 Exam Topics, as suggested by Worldatwork :

• Module 1: Learn about approaches to selecting job-evaluation strategies/ Market-Based Job Evaluation
• Module 2: Job description formats and job description preparation/ Learn the types of job documentation, job descriptions
• Module 3: job analysis communication and possible sources of error/ Understand potential issues and challenges that may arise during implementation
• Module 4: Dive into job analysis and learn about sources of job information/ Learn to differentiate between job evaluation with a market data emphasis and job evaluation
• Module 5: Job content emphasis and discuss key considerations in data collection within the context of market-based job evaluations
• Module 6: Gain skills in assessing different strategies/ Understand job-content evaluation methods
• Module 7: A strategic overview of the elements of compensation/ Non-quantitative Job Evaluation Methods
• Module 8: Quantitative Job Evaluation Methods/ building a base pay structure and terms and definitions will set the stage for deeper learning