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Business Acumen for Compensation Professional
Last Update: Jul 10, 2024
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Business Acumen for Compensation Professional Questions and Answers

Questions 1

Who are you most likely to hear from if there are questions about an employee’s compensation?



The employee


A concerned co-worker


The employee’s manager


The employee’s department head

Questions 2

What best describes an effective core technique for communicating with executives?



Focus on negative issues first, such as compensation costs exceeding budget, to get their attention


Provide a wide range of facts and figures. With their high level of responsibility, executives must have all the data before they can make informed decisions.


Assume they have little knowledge of the issue and make a detailed presentation leading up to the purpose of the meeting.


Recommend a solution that will solve the issue and explain why it is the best solution available.

Questions 3

Regarding cost analysis of compensation expense, which job is most likely to incur fixed costs for the company?



Production worker


Account executive


IT contractor


HR Director