Question 1

It is easier and less complex to compare living costs across countries than total compensation.

Accepted Answer

A) True 
 B)False

Question 2

A Japanese citizen working for Toyota in Georgetown,Kentucky,is a _____.

Accepted Answer

A)  host-country national 
B)  third-country national 
C)  parent-country national 
D)  local country national 
A)  host-country national 
B)  third-country national 
C)  parent-country national 
D)  local country national

Question 3

When taxes are deducted from employees' earnings up to the same amount of taxes they would pay had they remained in their home country,it is known as _____.

Accepted Answer

A)  expat tax 
B)  tax equalization 
C)  compensatory tax 
D)  tax protection 
A)  expat tax 
B)  tax equalization 
C)  compensatory tax 
D)  tax protection

Question 4

Japanese pay systems are more person-based than job-based.

Accepted Answer

A) True 
 B)False

Question 5

According to the Japan Institute of Labour,for most employees bonuses are variable pay that help control the employer's cash flow and labor costs.

Accepted Answer

A) True 
 B)False

Question 6

Understanding international compensation begins with recognizing differences and similarities and figuring out how to best manage them.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following ties salary to a region?

Accepted Answer

A)  The cafeteria approach 
B)  The localization approach 
C)  The modified balance sheet approach 
D)  The lump-sum approach 
A)  The cafeteria approach 
B)  The localization approach 
C)  The modified balance sheet approach 
D)  The lump-sum approach

Question 8

KayLeaf Inc.wants to set up a unit in China.To facilitate this,it sends its manager to China to gather information.Which of the following is most likely to be a suggestion from its manager?

Accepted Answer

A)  Use a hierarchical pay structure as there is high power distance in China. 
B)  Use individual spot awards rather than stock options in the pay mix as the people in China have a long-term orientation. 
C)  Use incentives linked to individual performance as China has a collectivistic culture. 
D)  Have a rigid structure as the people in China have the highest level of uncertainty avoidance. 
A)  Use a hierarchical pay structure as there is high power distance in China. 
B)  Use individual spot awards rather than stock options in the pay mix as the people in China have a long-term orientation. 
C)  Use incentives linked to individual performance as China has a collectivistic culture. 
D)  Have a rigid structure as the people in China have the highest level of uncertainty avoidance.

Question 9

Base pay for a Japanese employee is usually not based on job evaluation or market pricing.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following statements about ownership and financial markets is true?

Accepted Answer

A)  In the United States,corporate ownership and access to capital is far more concentrated than in most other countries. 
B)  Ninety percent of American households own stock in companies either directly or indirectly through mutual funds and pension funds. 
C)  Recent tax law changes in many countries have made stock options more attractive,but limited ownership of many companies remains the rule. 
D)  Large conglomerates in Germany link performance bonuses to increased shareholder value as it is the most effective pay system. 
A)  In the United States,corporate ownership and access to capital is far more concentrated than in most other countries. 
B)  Ninety percent of American households own stock in companies either directly or indirectly through mutual funds and pension funds. 
C)  Recent tax law changes in many countries have made stock options more attractive,but limited ownership of many companies remains the rule. 
D)  Large conglomerates in Germany link performance bonuses to increased shareholder value as it is the most effective pay system.

Question 11

How do the differences in the ownership and financing of companies around the world impact international pay?

Accepted Answer

Ownership and financing of companies dif

Question 12

Traditionally,Japan's employment relationships were supported by _____.

Accepted Answer

A)  lifetime security within the company 
B)  performance-based pay systems alone 
C)  centralized unions representing workers across several companies within an industry 
D)  performance-based promotion systems alone 
A)  lifetime security within the company 
B)  performance-based pay systems alone 
C)  centralized unions representing workers across several companies within an industry 
D)  performance-based promotion systems alone

Question 13

Distinguish between parent-country nationals,local-country nationals,and third-country nationals with examples.

Accepted Answer

Employees temporarily working and living

Question 14

_____ is an example of a country with a highly decentralized approach to pay setting with higher wage felxibility.

Accepted Answer

A)  Sweden 
B)  Germany 
C)  Belgium 
D)  The United States of America 
A)  Sweden 
B)  Germany 
C)  Belgium 
D)  The United States of America

It is easier and less complex to compare living costs across countries than total compensation.

A Japanese citizen working for Toyota in Georgetown,Kentucky,is a _____.

When taxes are deducted from employees' earnings up to the same amount of taxes they would pay had they remained in their home country,it is known as _____.

Japanese pay systems are more person-based than job-based.

According to the Japan Institute of Labour,for most employees bonuses are variable pay that help control the employer's cash flow and labor costs.

Understanding international compensation begins with recognizing differences and similarities and figuring out how to best manage them.

Which of the following ties salary to a region?

KayLeaf Inc.wants to set up a unit in China.To facilitate this,it sends its manager to China to gather information.Which of the following is most likely to be a suggestion from its manager?

Base pay for a Japanese employee is usually not based on job evaluation or market pricing.

Which of the following statements about ownership and financial markets is true?

How do the differences in the ownership and financing of companies around the world impact international pay?

Traditionally,Japan's employment relationships were supported by _____.

Distinguish between parent-country nationals,local-country nationals,and third-country nationals with examples.

_____ is an example of a country with a highly decentralized approach to pay setting with higher wage felxibility.

The Pay Model

Strategy: The Totality of Decisions

Defining Internal Alignment

Job Analysis

Job-Based Structures and Job Evaluation

Person-Based Structures

Defining Competitiveness

Designing Pay Levels, Mix, and Pay

Pay-For-Performance: the Evidence

Pay-For-Performance Plans

Performance Appraisals

The Benefit Determination Process

Benefit Options

Compensation of Special Groups

Union Role in Wage and Salary Administration

Government and Legal Issues in Compensation

Management: Making It Work

Filters

Exam 16: International Pay Systems

It is easier and less complex to compare living costs across countries than total compensation.

A Japanese citizen working for Toyota in Georgetown,Kentucky,is a _____.

When taxes are deducted from employees' earnings up to the same amount of taxes they would pay had they remained in their home country,it is known as _____.

Japanese pay systems are more person-based than job-based.

According to the Japan Institute of Labour,for most employees bonuses are variable pay that help control the employer's cash flow and labor costs.

Understanding international compensation begins with recognizing differences and similarities and figuring out how to best manage them.

Which of the following ties salary to a region?

KayLeaf Inc.wants to set up a unit in China.To facilitate this,it sends its manager to China to gather information.Which of the following is most likely to be a suggestion from its manager?

Base pay for a Japanese employee is usually not based on job evaluation or market pricing.

Which of the following statements about ownership and financial markets is true?

How do the differences in the ownership and financing of companies around the world impact international pay?

Traditionally,Japan's employment relationships were supported by _____.

Distinguish between parent-country nationals,local-country nationals,and third-country nationals with examples.

_____ is an example of a country with a highly decentralized approach to pay setting with higher wage felxibility.

The Pay Model

Strategy: The Totality of Decisions

Defining Internal Alignment

Job Analysis

Job-Based Structures and Job Evaluation

Person-Based Structures

Defining Competitiveness

Designing Pay Levels, Mix, and Pay

Pay-For-Performance: the Evidence

Pay-For-Performance Plans

Performance Appraisals

The Benefit Determination Process

Benefit Options

Compensation of Special Groups

Union Role in Wage and Salary Administration

Government and Legal Issues in Compensation

Management: Making It Work

Filters