Exam 16: International Pay Systems

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Explain the dimensions of national cultural attributes proposed by Hofstede.

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The employment relationship includes all of the following except _____.

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This approach sets salaries according to the home-country system and simply offers employees a one-time payment of money to offset differences in standards of living.

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Which of the following is an advantage of hiring LCNs?

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The approach to international compensation in which headquarters and foreign units are networked and share ideas is the _____.

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What are the basic components of Japanese pay systems? Explain at least one of them.

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Under a tax equalization policy,the company retains the difference in taxes when an expat from a high taxation country is on assignment in a lower tax country.

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Volkswagen would find it easier and less complex to reduce their labor costs than Toyota.

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Neither works councils or co-determination are legally required in the United States and are quite rare.

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Which of the following is an advantage of the U.S.approach to total pay?

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One of the primary objectives of the balance sheet approach to expat compensation is to motivate performance.

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

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Unionization rates are higher in Europe than Asia.

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A downside of the localization approach to expat compensation is _____.

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All of the following are reasons why companies may make changes in their pay systems except _____.

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Compare and contrast the pay objectives of Japanese,German and U.S.pay systems.

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A French citizen working for IBM in Canada is _____.

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Japanese pay systems typically emphasize pay based upon competitors' market rates rather than internal alignment.

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

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Explain the three general compensation strategies used by companies with worldwide operations.

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