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WorldatWork International Remuneration - An Overview of Global Rewards Sample Questions (Q60-Q65):

NEW QUESTION # 60
In a global rewards strategy, what is the advantage of a "flexible benefits" program?

• A. Simplifies administration by limiting options
• B. Allows employees to select benefits that align with their individual needs, enhancing satisfaction and retention
• C. Reduces the need for regional customization
• D. Standardizes benefits across all regions

Answer: B

 

NEW QUESTION # 61
In "cross-border mergers," which of the following is a primary reason for HR to conduct a cultural assessment?

• A. To identify discrepancies in payroll systems
• B. To ensure compliance with local tax laws
• C. To standardize HR policies across regions
• D. To understand cultural differences that may affect employee integration and retention post-merger

Answer: D

 

NEW QUESTION # 62
A global company is planning to move to a "centralized approach" for managing compensation across its various international locations. What is one likely advantage of this approach?

• A. Improved cost savings due to regional pay variations
• B. Greater consistency and alignment with the organization's global goals
• C. Increased flexibility to adapt pay policies based on local market needs
• D. Reduction in the need for expatriate allowances

Answer: B

 

NEW QUESTION # 63
A company's expatriate compensation policy includes a "hardship allowance." In which situation is this allowance typically applied?

• A. For employees in positions requiring high levels of responsibility
• B. To offset cost-of-living differences in high-income countries
• C. For employees assigned to regions with challenging living conditions and health risks
• D. To support employees transitioning to home-country assignments

Answer: C

 

NEW QUESTION # 64
Which of the following is a major consideration when implementing an equity-based compensation program in multiple countries?

• A. Excluding employees from low-cost countries from participating
• B. The valuation of the company's stock in international markets
• C. Local legal requirements and tax implications for stock options
• D. Setting uniform vesting periods across all regions

Answer: C

 

NEW QUESTION # 65
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