If you are planning to take the WorldatWork C8 Business Acumen for Compensation Professional exam, you will need to prepare well in advance. This exam is designed to test your knowledge and skills in the areas of business acumen and compensation. It is a comprehensive exam that covers a wide range of topics related to compensation, including compensation philosophy, strategy, design, implementation, and administration. In this article, we will provide you with all the information you need to know about the C8 exam, including the exam objectives, exam details, and related books.
Exam Objectives:
- Understanding Business Acumen
- Understanding Business Strategy
- Understanding Business Finance
- Understanding Business Operations
- Understanding Compensation Program Design
- Understanding Compensation Program Implementation
- Understanding Compensation Program Administration
The C8 exam is designed for compensation professionals who are looking to enhance their knowledge and skills in the area of business acumen. This exam is ideal for those who are responsible for designing, implementing, and administering compensation programs in their organizations. The C8 exam is also suitable for HR professionals who are looking to expand their knowledge of compensation and benefits.
Exam Details:
The C8 exam consists of 100 multiple-choice questions that you need to complete within 2.5 hours. The passing score for the exam is 70%, which means you need to score at least 70 out of 100 to pass the exam. The exam is computer-based, and you can take it at any Prometric testing center. The exam fee is $695 for WorldatWork members and $990 for non-members.
Related Books:
- Business Acumen for Compensation Professionals
- The Essentials of Executive Compensation
- Compensation Committee Handbook
- Compensation and Benefit Design: Applying Finance and Accounting Principles to Global Human Resource Management Systems
Preparing for the C8 exam requires a solid understanding of business acumen and compensation principles. The above books are recommended for candidates who are preparing for the exam. The first book, Business Acumen for Compensation Professionals, is the official study guide for the C8 exam. It covers all the topics and concepts that you need to know to pass the exam. The other books are also useful resources for compensation professionals who want to enhance their knowledge and skills in the area of compensation design, implementation, and administration.
In conclusion, the C8 exam is a comprehensive exam that covers a wide range of topics related to compensation and business acumen. To pass the exam, you need to have a solid understanding of compensation principles and business acumen. We hope this article has provided you with all the information you need to know about the C8 exam, including the exam objectives, exam details, and related books. Good luck with your exam!