Human resources professionals deal with recruitment, training and development, and benefits and compensations areas. HR professionals who specialize in employee compensation can advance in their fields by earning professional credentials. The Certified Compensation Professional certification is available through the WorldatWork Society of Certified Professionals, formerly the American Compensation Association.
Most HR certified first earn a bachelor's degree; a degree and certification are desirable traits in prospective HR specialists. Employers show a preference for certified professionals because those with designations such as the CCP certification further demonstrate expertise in their selected field. Specifically, a CCP certification signifies that the owner has extensive knowledge and experience in designing compensation and incentive pay programs and that he can integrate compensation objectives with the overall business strategy.
The WorldatWork Society of Certified Professionals bestows the CCP certification on professionals who pass a series of nine examinations. The examinations test professionals in key areas of compensation including development of reward systems and implementing and evaluating employee base salary and incentive programs. CCP candidates must be able to develop communication programs that ensure employees understand the company's compensation program. The exams also test the candidates' knowledge of federal laws that influence the design of these programs.
There is no formal educational requirement for CCP certification, and candidates with any education or experience level can take the exams. Candidates, however, must score at least 75 percent on the exams and must pass all nine exams within eight years of registration. The WorldatWork Society offers training courses in a variety of formats including webinars and computer-based self studies. The society also offers seminars at various locations throughout the U.S. Candidates are not required to be members of the WorldatWork Society, but members receive discounts on the cost of the preparation courses.
CCP certificates are good for three years, after which candidates recertify to maintain their status. Recertification involves obtaining 12 credits in related activities, which can include participation at a conference, membership in a WorldatWork Society or with a local network partner, and professional writing contributions to print publications. The WorldatWork Society maintains certification information for all certificate holders and updates this information with all certification activities. Certificate holders can submit the application for recertification at any time, and when they reach the 12-credit threshold, the association's recertification tool automatically submits the application within 30 days of the certificate's expiration date.