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WorldatWork International Remuneration - An Overview of Global Rewards Sample Questions (Q62-Q67):

NEW QUESTION # 62
What is one benefit of using a "balance sheet" approach in expatriate compensation?

A. Increases administrative burden due to lack of currency conversion
B. Ensures that expatriates receive identical compensation to host-country nationals
C. Offers standardized pay adjustments regardless of location
D. Helps expatriates maintain their home-country standard of living by compensating for differences in living costs and taxes

Answer: D

NEW QUESTION # 63
A company is reviewing its "executive compensation" practices globally. What is one significant factor they must consider?

A. Ignoring regional tax implications for simplicity
B. Aligning executive pay with both local market norms and global organizational objectives
C. Providing identical compensation for all executives regardless of location
D. Limiting executive compensation to fixed salaries

Answer: B

NEW QUESTION # 64
Which of the following is an example of an influence on global compensation practices that organizations must consider?

A. A universally fixed compensation structure across host and home countries
B. Standardized cost of living across all global markets
C. A mandatory requirement to use the home country's compensation approach
D. The cultural preference for deferred compensation in certain regions

Answer: D

NEW QUESTION # 65
What is a critical consideration for an organization when setting "base pay" for roles across multiple countries?

A. Limiting pay adjustments to lower-cost regions
B. Standardizing pay based on headquarters' cost of living
C. Offering identical base pay for similar roles globally
D. Adjusting base pay to align with local market rates and cost of living to ensure competitiveness and equity

Answer: D

NEW QUESTION # 66
When developing a "retirement benefit plan" for expatriates, what is a critical consideration for a multinational company?

A. Addressing both home and host-country tax implications to maximize expatriate savings
B. Avoiding local compliance with retirement regulations
C. Offering retirement benefits only after five years of service
D. Ensuring that retirement contributions are consistent regardless of location

Answer: A

NEW QUESTION # 67
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