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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 reduces the administrative burden of managing local benefit providers
C. It standardizes benefits across all employees globally
D. It minimizes legal compliance issues in each country
Answer: A
NEW QUESTION # 91
What is one of the most significant challenges in implementing a global "healthcare benefits" plan?
A. Ensuring all employees have access to identical healthcare services
B. Providing healthcare benefits only in high-income regions
C. Managing diverse healthcare systems, regulatory requirements, and employee expectations in different countries
D. Ignoring local regulatory requirements to simplify the plan
Answer: C
NEW QUESTION # 92
Which of the following best describes the importance of "variable pay" in aligning employee performance with business goals in a multinational company?
A. Variable pay does not impact business performance goals
B. Variable pay is most effective when it follows a uniform payout schedule globally
C. Variable pay incentivizes performance by aligning rewards with the achievement of specific, regionally relevant business goals
D. Variable pay should be limited to senior management to drive corporate objectives
Answer: C
NEW QUESTION # 93
What is one advantage of using a "host-based" pay approach for employees on international assignments?
A. Simplified tax reporting for expatriates
B. Improved alignment with home country pay
C. Easier integration of employees into the host country
D. Reduced administrative burden on HR
Answer: C
NEW QUESTION # 94
What is one benefit of using a "balance sheet" approach in expatriate compensation?
A. Helps expatriates maintain their home-country standard of living by compensating for differences in living costs and taxes
B. Increases administrative burden due to lack of currency conversion
C. Ensures that expatriates receive identical compensation to host-country nationals
D. Offers standardized pay adjustments regardless of location
Answer: A
NEW QUESTION # 95
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