QUESTION: 5

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?

Standardized Remuneration Strategy
Localization Strategy
Globalization Strategy
Talent Attraction Strategy

Answer(s): D

Show Answer Next Question

QUESTION: 6

When determining the structure of a global remuneration package, which factor is MOST likely to influence the design for employees in developed versus developing countries?

Local inflation rates
Global company revenue
Employee hierarchy level
Economic stability of the home country

Answer(s): A

Show Answer Next Question

QUESTION: 7

Which of the following describes a "balance sheet" approach in expatriate compensation?

It provides a fixed amount regardless of cost of living differences
It ensures that employees can maintain a similar standard of living abroad
It aligns expatriate pay with that of local nationals in the host country
It offers incentives for long-term international assignments

Answer(s): B

Show Answer Next Question

QUESTION: 8

A company is looking to create a flexible global remuneration policy that accommodates local preferences and tax regulations.
Which approach would best achieve this goal?

Regionalization
Global Standardization
Localization
Simplified Payroll

Answer(s): A

Show Answer Next Question

Free WorldatWork GR7 Exam Questions (page: 3)

QUESTION: 5

QUESTION: 6

QUESTION: 7

QUESTION: 8

GR7 Exam Discussions & Posts