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| Certification Provider: | WorldatWork |
|---|---|
| Exam Code / Number: | C17 |
| Exam Name: | Market Pricing - Conducting a Competitive Pay Analysis |
| Exam Questions: | 0 |
| Corresponding Certification: | WorldatWork Other Certification |
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To become certified in WorldatWork C17, candidates must pass a comprehensive exam that covers various areas of market pricing. C17 exam consists of 90 multiple-choice questions that test candidates' knowledge of job analysis, data collection and analysis, pay structure development, and the legal and ethical considerations related to compensation. Passing the exam requires a score of 70% or higher, and candidates who pass the exam earn the WorldatWork C17 certification, which is recognized globally as a mark of excellence in the field of HR and compensation.
To prepare for the C17 certification exam, candidates can take advantage of a variety of resources, including online courses, study guides, and practice exams. These resources are designed to help candidates gain a deep understanding of the market pricing process and develop the skills and knowledge necessary to pass the exam. Additionally, candidates can benefit from networking with other HR professionals who have earned the C17 certification, as well as attending industry events and conferences to stay up-to-date on the latest trends and best practices in compensation and benefits.
WorldatWork C17 certification is designed to provide HR professionals with practical knowledge and skills needed to conduct competitive pay analysis. It is an entry-level certification course meant for those who want to gain an understanding of market pricing and learn how to administer it to their organizations.
The C17 certification exam consists of 80 multiple-choice questions that must be completed within a three-hour time limit. C17 exam is computer-based and can be taken at any of the WorldatWork testing centers located around the world. Candidates must achieve a minimum score of 70% to pass the exam and earn the C17 certification. Market Pricing - Conducting a Competitive Pay Analysis certification is valid for three years, after which candidates must renew their certification by completing continuing education credits.
WorldatWork C17 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Job Analysis and Benchmarking | 20% | - Matching internal jobs to external survey roles - Handling job complexity and differences - Job documentation and evaluation |
| Foundations of Market Pricing | 20% | - Legal and ethical considerations - Defining competitive pay philosophy - Identifying relevant labor markets and competitors - Role in total rewards strategy |
| Market Data Sources and Quality | 20% | - Types of compensation surveys and data providers - Understanding survey methodology and definitions - Evaluating data reliability and relevance |
| Developing Market-Based Pay Structures | 15% | - Aligning internal equity with external competitiveness - Documenting and communicating results - Calculating market rates and midpoints - Setting salary ranges and differentials |
| Data Analysis and Adjustment | 25% | - Identifying and handling outliers/anomalies - Weighting and blending multiple data sources - Aging/trending data to current market rates - Measures of central tendency and dispersion |