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WorldatWork International Remuneration - An Overview of Global Rewards Sample Questions (Q118-Q123):

NEW QUESTION # 118
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 match the local salary levels in the host country
B. To increase the base salary to offset currency fluctuations
C. To reward high-performing employees during their assignment
D. To compensate for the physical and psychological challenges of working in a less desirable location

Answer: D

NEW QUESTION # 119
In a global benefits strategy, which of the following accurately describes statutory and nonstatutory benefits?

A. Statutory benefits are required by local laws, while nonstatutory benefits are provided at the company's discretion
B. Both statutory and nonstatutory benefits are universally standardized across countries
C. Statutory benefits are optional and based on employee choice, while nonstatutory benefits are mandatory by law
D. Nonstatutory benefits are mandated by host-country governments

Answer: A

NEW QUESTION # 120
In the context of global rewards, what is an advantage of including "nonstatutory benefits" as part of an organization's total rewards package?

A. They decrease the overall cost of benefits
B. They are universally accepted across countries
C. They provide flexibility to offer regionally competitive benefits beyond statutory minimums, improving attraction and retention
D. They are mandated by local laws and require minimal customization

Answer: C

NEW QUESTION # 121
Which of the following best describes a "localization" approach in expatriate compensation?

A. Providing expatriates with benefits solely based on their home-country standards
B. Limiting expatriate pay to a standard global structure
C. Matching expatriate compensation to host-country market rates with additional benefits tailored to local conditions
D. Avoiding cost-of-living adjustments in the host country

Answer: C

NEW QUESTION # 122
What is one of the primary purposes of offering "development and career opportunities" as part of a global total rewards package?

A. To ensure employees have uniform career paths across all regions
B. To decrease the focus on monetary compensation as a motivating factor
C. To improve retention by offering growth opportunities tailored to individual and regional needs
D. To create a standardized skill set across the global workforce

Answer: C

NEW QUESTION # 123
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GR7 Visual Cert Test, GR7 Training For Exam

WorldatWork GR7 Desktop-Based Practice Program

WorldatWork International Remuneration - An Overview of Global Rewards Sample Questions (Q118-Q123):

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