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WorldatWork International Remuneration - An Overview of Global Rewards Sample Questions (Q40-Q45):

NEW QUESTION # 40
A company operating in multiple countries implements a "flexible benefits" system for its employees worldwide. What is a primary benefit of this approach?

A. It allows employees to choose benefits that are most relevant to their personal needs and cultural preferences
B. It standardizes benefits across all employees globally
C. It reduces the administrative burden of managing local benefit providers
D. It minimizes legal compliance issues in each country

Answer: A

NEW QUESTION # 41
Which strategy aims to retain employees by providing competitive pay, adapting to cultural preferences, and enhancing the organization's brand as an employer of choice?

A. Globalization Strategy
B. Standardized Remuneration Strategy
C. Talent Attraction Strategy
D. Localization Strategy

Answer: C

NEW QUESTION # 42
When creating an international assignment policy, the company includes "hardship allowances" for employees working in high-risk or less developed areas. Which of the following best explains the purpose of this allowance?

A. To increase the base salary to offset currency fluctuations
B. To reward high-performing employees during their assignment
C. To match the local salary levels in the host country
D. To compensate for the physical and psychological challenges of working in a less desirable location

Answer: D

NEW QUESTION # 43
Which of the following best describes the approach of "localization" in global remuneration?

A. Implementing a single policy for expatriate benefits
B. Aligning compensation and benefits with home country practices
C. Adapting compensation and benefits based on host country practices
D. Standardizing salaries across all regions to ensure fairness

Answer: C

NEW QUESTION # 44
In a global retirement benefits strategy, which of the following would likely present the biggest challenge for a multinational company?

A. Balancing retirement plan funding across diverse legal environments
B. Ensuring retirement benefits comply with home-country standards
C. Offering retirement plans only in high-income countries
D. Standardizing retirement contributions globally

Answer: A

NEW QUESTION # 45
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