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WorldatWork C1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Fair Labor Standards Act (FLSA) | 25% | - Minimum wage and overtime requirements - Recordkeeping and compliance obligations - Exempt vs non-exempt classification rules |
| Other Key Regulations | 10% | - State and local regulatory variations - Family and Medical Leave Act |
| Anti-Discrimination Laws | 20% | - Americans with Disabilities Act - Equal Pay Act - Age Discrimination in Employment Act - Title VII of Civil Rights Act |
| Overview of Regulatory Framework | 15% | - Impact of regulation on compensation design and administration - Federal regulatory structure and authority |
| Labor Relations Regulations | 15% | - National Labor Relations Act - Impact of unionization on compensation practices |
| Tax and Reporting Requirements | 15% | - IRS rules for taxable and non-taxable compensation - Executive compensation disclosure rules - Form W-2 and other reporting obligations |
WorldatWork Regulatory Environments for Compensation Programs Sample Questions:
To qualify for the executive exemption from the minimum wage and overtime provisions of the FLSA, among other things what must an employee do?
- A. Perform work that is intellectual and varied
- B. Devote less than 15% of his/her time to nonexempt work
- C. Customarily and regularly direct the work of at least two full-time employees
- D. Possess knowledge of an advanced type in business administration
Correct Answer: C 🗳️
What are usual, customary and reasonable charges (UCR)?
- A. The charges that are published annually in the Global Insurers' Medical Cost Comparison Guide
- B. The charges that are allowable for any given medical procedure with no pre-treatment authorization
- C. The charges that are typically paid up front by a plan participant for services rendered.
- D. The charges that an insurance carrier determines are normal for a particular medical procedure within a specific geographical area
Correct Answer: D 🗳️
To establish disparate treatment in violation of Title VII of the Civil Rights Act of 1964, an employee must prove that the employer intentionally maintains the pay disparity because the employee is a member of a protected class and which of the following?
- A. He or she receives a lower wage than a co-worker of the opposite sex.
- B. The employer maintains a wage disparity between employees who do unequal, but comparable work.
- C. He or she is paid less than employees who are not members of the same protected group.
Correct Answer: C 🗳️
Which of the following acts is focused on employers with construction contracts with the government?
- A. McNamara-O'Hara Act
- B. National Labor Relations Act
- C. Sherman Antitrust Act
- D. Davis-Bacon Act
Correct Answer: D 🗳️
Which of the following statements best describes defined contribution (DC) plans?
- A. The benefit is based on a formula that considers pay and service.
- B. They require complex actuarial calculations and assumptions.
- C. They generally provide better benefits to employees with longer service.
- D. The employee assumes the risk for the investments.
Correct Answer: D 🗳️
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