Certified Executive Compensation Professional (CECP)®
Executive compensation is the most complex and dynamic field in Total Rewards and to be successful it requires a broad and deep understanding of strategy, plan design, administration and evaluation of executive compensation plans.
Possessing the Certified Executive Compensation Professional designation gives you an edge in today’s competitive world. Certification signifies that you are an expert in your field. It gives you, and your employer, confidence in your job skills. As a leader, it demonstrates that you have the knowledge, experience and critical skills needed to design and manage programs that attract, motivate and retain dynamic executives and leaders who have the ability to provide positive business results and organizational strategies.
This designation is intended for professionals involved in multiple aspects of executive compensation. WorldatWork Society recognizes that expertise in executive compensation comes from a broad variety of experience and education. As a competency-based designation, the WorldatWork Society recommends CECP candidates have three or more years of experience.
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Why Is A CECP of Value?
The newCertified Executive Compensation Professional(CECP) credential signifies that the recipient possesses the knowledge, experience and critical skills required to design, evaluate, implement and manage effective executive compensation programs. It is a professional designation that demonstrates your commitment to remaining on the leading edge of the executive compensation profession.
Earning the WorldatWork Society CECP designation affirms professional expertise. Your employer, clients, employees and peers will recognize your CECP credential as an indication of the skills and knowledge you’ve gained through experience and education.
Is A CECP Right For Me?
CECP will be of value to anyone seeking to validate his or her expertise in the field of executive compensation. This designation is intended for professionals involved in multiple aspects of executive compensation. This includes individuals who specialize in executive compensation as an in-house practitioner or consultant. It is pertinent for any professional who works directly in the various aspects of executive compensation strategy or administration such as finance, legal and tax.
WorldatWork recognizes that executive compensation professionals have a broad variety of experience and education. Generally speaking, it is recommended that candidates for the CECP have three or more years of experience in the design, implementation and management of executive compensation programs for publicly-traded companies.
In most cases, individuals with three years experience would benefit from additional preparation, such as taking courses, reviewing publications on the topic or additional professional experience. Although some individuals with more than three years of experience may be able to test without any additional preparation, many will find the additional preparation offered by WorldatWork and WorldatWork partners helpful. As this is a competency-based designation, the WorldatWork Society recommends that all individuals interested in pursuing a CECP review the Executive Compensation Body of Knowledge and take the available Practice Exam(s) to familiarize themselves with the types of questions asked in all knowledge areas within the exam.
Individuals with job titles such as executive compensation consultant, executive compensation analyst or executive compensation manager may be likely candidates, however the CECP may also be of value to anyone seeking to validate his or her expertise in the field of executive compensation.
How Do I Get A CECP?
The CECP certification is achieved by passing one comprehensive exam based on what is recognized as the Executive Compensation Body of Knowledge.
All candidates, regardless of experience, should review the following four steps.
Review the CECP Body of Knowledge (BOK)
Candidates preparing for the CECP examination should review the CECP Body of Knowledge (BOK). The BOK represents the complete set of knowledge and skills required for professionals working in the executive compensation field. Set as the industry standard, the BOK was identified by WorldatWork Society via a formal practice analysis completed by hundreds of practitioners. The CECP examination covers all topic areas addressed in the Body of Knowledge.
The Body of Knowledge is comprised of four main knowledge domains consisting of 85 total tasks representing common skills, knowledge and abilities of the executive compensation professional. Deeper concentration should be given to all topic areas in which you have identified as areas of weakness.
View Body of Knowledge
Supplement Your Knowledge
The CECP was developed under a competency-based testing model, so there is no single preparation course that covers all the content covered in the exam. However, WorldatWork offers numerous executive compensation educational offerings and resources that will help you prepare for the exam.
Candidates have found skill-building classes, Webinars and other study materials particularly useful when needing a general overview. Below is the CECP Recommended Study List as prepared by WorldatWork and the WorldatWork Society of Certified Professionals.
View CECP Recommended Study List
Take the Practice Exam
The practice exam is made up of 50 questions similar to those that may appear on the current Certified Executive Compensation Professional exam and is designed to give you insight into the type of material that may appear on the CECP exam. You will be able to review questions and identify correct responses and you may take the practice exam as many times as you wish. The practice exam is designed to take at your desk with instant access to the test questions, correct answers and your results.
Now that you know what to expect on the CECP exam, it’s time to register! The CECP exam consists of approximately 160 multiple-choice questions and is administered across the globe through Pearson Vue testing centers. Each question presents the candidate with four possible options of which only one is correct. Candidates are allotted 3.5 hours of testing time in which to complete the examination.
Please note: You must schedule and complete the computer-based exam within 120 days. Your eligibility expires after 120 days and no extensions are available for the CECP exam. It is recommended that you complete your exam in a timely manner as exams may be updated without notification. Instructions for scheduling your computer-based exam will be provided at purchase. Learn more at www.worldatwork.org/cbt.
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Computer-Based Certification Exam: Members $995 USD | Nonmembers $1375 USD
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Please note: You must schedule and complete the computer-based exam within 120 days. Your eligibility expires after 120 days. It is recommended that you complete your exam in a timely manner as exams may be updated without notification. Instructions for scheduling your computer-based exam will be provided at purchase. Learn more at www.worldatwork.org/cbt.
Only $50 to Test Your Readiness
WorldatWork practice exams can help you find out areas you may need to further develop as you prepare for your CECP exam. The results from each practice exam clearly show your areas of strengthen and weakness within the Body of Knowledge.
Each practice exam includes unique questions that cover the Body of Knowledge areas included in the competency-based exam for certification.