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WorldatWork C17 Exam Overview:

Certification Vendor:WorldatWork
Exam Name:Market Pricing - Conducting a Competitive Pay Analysis
Exam Number:C17
Available Languages:English
Related Certifications:Global Remuneration Professional (GRP)
Certified Compensation Professional (CCP)
Exam Format:Computer-based exam, Multiple-choice questions
Exam Way:Online proctored or authorized WorldatWork testing delivery, depending on program availability.
Pre Condition:No formal prerequisite for the course/exam. Commonly taken as part of the CCP or GRP certification pathway.
Official Syllabus URL:https://worldatwork.org/courses/market-pricing-and-competitive-pay-analysis

WorldatWork C17 Exam Syllabus Topics:

SectionObjectives
Market-Based Pay Structure Design- Competitive pay structure development
  • 1. Support merit increase and promotion decisions
  • 2. Establish salary ranges and midpoints
  • 3. Design market-based salary structures
Job Benchmarking and Market Pricing- Job pricing techniques
  • 1. Market composite development
  • 2. Benchmark job selection
  • 3. Single-job market pricing
  • 4. Market rate determination
Market Data Sources and Quality Assessment- Compensation survey and market data management
  • 1. Select appropriate market data for workforce segments
  • 2. Identify compensation data sources
  • 3. Evaluate data integrity and reliability
External Competitive Market Analysis- Analyze external compensation market data
  • 1. Determine prevailing rates in relevant labor markets
  • 2. Align market rates with compensation philosophy
Communication and Application of Market Pricing- Implementation and stakeholder communication
  • 1. Communicate compensation decisions
  • 2. Support pay equity and competitiveness objectives
  • 3. Explain market pricing methodologies
Market Pricing Methodologies- Interpretation and adjustment of market data
  • 1. Aging market data
  • 2. Modeling and regression analysis
  • 3. Weighting methodologies
  • 4. Blending survey data
  • 5. Applying market premiums

Answers for C17 Candidates

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  • Market Data Sources and Quality Assessment ()
  • Job Benchmarking and Market Pricing ()
  • External Competitive Market Analysis ()

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The package includes 0 practice questions for the C17 exam, all with verified answers and available in three formats.

No formal prerequisite for the course/exam. Commonly taken as part of the CCP or GRP certification pathway.

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