WorldatWork Certified Executive Compensation Professional CECP Question # 12 Topic 2 Discussion

WorldatWork Certified Executive Compensation Professional CECP Question # 12 Topic 2 Discussion

CECP Exam Topic 2 Question 12 Discussion:
Question #: 12
Topic #: 2

What is the primary reason why a compensation professional working for a multinational company should understand regulatory requirements and application of rewards globally?


A.

Because legal compliance with compensation-related regulations is the responsibility of the compensation department


B.

Because the compensation professional has a fiduciary responsibility to ensure that the financial resources of their organization are spent in a prudent manner


C.

Because it is possible to pay significantly less for talent in different countries and compensation should advise management on when and where to locate various jobs within the company


D.

They shouldn’t. Due to the complexities of global regulations and practices, compensation administration outside of the home country should be outsourced.


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