If you are interested in advancing your career in executive compensation and seeking recognition for your expertise in this field, WorldatWork's Certified Executive Compensation Professional (CECP) exam is an excellent opportunity for you. The CECP certification is a widely recognized designation in the industry and signifies that an individual has a deep understanding of executive compensation design and management.
Exam Objectives:
The CECP exam covers the following topics:
- Executive Compensation Philosophy and Strategy
- Executive Compensation Design
- Executive Compensation Implementation, Evaluation, and Communication
- Legal, Regulatory, and Ethical Environment
- Global Compensation
The exam is designed to assess your knowledge of these topics and evaluate your ability to apply your knowledge to real-world situations. The CECP certification is valid for three years and can be renewed by earning continuing education credits or by retaking the exam.
Exam Details:
The CECP exam is a computer-based exam that is administered by Pearson VUE, a leading testing company. The exam consists of 150 multiple-choice questions and has a time limit of three hours. The passing score is 70% or higher, and the cost of the exam is $1,100 for WorldatWork members and $1,400 for non-members. The exam is available in English only.
The CECP exam is designed for compensation professionals who have a minimum of five years of experience in executive compensation or a related field. Candidates must meet certain educational and professional requirements, including a bachelor's degree or higher and either a professional certification or equivalent work experience.
Related Books:
WorldatWork offers a variety of resources to help candidates prepare for the CECP exam. The following books are recommended for candidates:
- The WorldatWork Handbook of Compensation, Benefits & Total Rewards
- The Executive Compensation Handbook: Stock Options & Restricted Stock
- The Essentials of Executive Compensation
- Executive Compensation: The Professionals' Guide to Current Issues & Practices
- The Complete Guide to Executive Compensation
These books cover a wide range of topics related to executive compensation and are a valuable resource for candidates preparing for the CECP exam. In addition to these books, WorldatWork offers a variety of courses and webinars that can help candidates deepen their knowledge of executive compensation.
In conclusion, the CECP certification is an excellent opportunity for compensation professionals who are interested in advancing their careers and demonstrating their expertise in executive compensation. By preparing for and passing the CECP exam, candidates can demonstrate their commitment to their profession and their ability to design and manage effective executive compensation programs.