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Candidates who pass the C3E certification exam will be recognized as experts in the field of compensation management. They will be able to demonstrate their knowledge and skills in the application of quantitative principles in compensation management. They will also be able to provide strategic guidance to their organizations on how to design and implement compensation programs that are aligned with business goals and objectives.
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Reference: https://www.worldatwork.org/product/certification/Quantitative-Principles-in-Compensation-Management
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Regression Analysis & Modeling | 15% | - Modeling pay equity and market relationships - Correlation and causation - Simple and multiple linear regression |
| Topic 2: Market Pricing & Cost Analysis | 15% | - Interpreting survey data and market trends - Costing compensation programs and salary budgets - Financial impact analysis |
| Topic 3: Descriptive Statistics | 20% | - Measures of dispersion (range, variance, standard deviation) - Measures of central tendency (mean, median, mode) - Data visualization and interpretation - Frequency distributions and percentiles |
| Topic 4: Time Value of Money | 15% | - Application to compensation planning - Present and future value calculations - Compound growth and annuities |
| Topic 5: Percents, Ratios and Compensation Metrics | 20% | - Salary range structure and midpoint progression - Percent difference and change calculations - Compa-ratio and market index |
| Topic 6: Data, Information and Levels of Measurement | 15% | - Levels of measurement (nominal, ordinal, interval, ratio) - Data validity and reliability - Types of data and variables |
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