Question 1

Pay strategy may be defined in terms of a series of interlocking strategic choices on:

Accepted Answer

A)  Basis of pay,units of aggregations,patterns of variation in pay and job evaluations 
B)  Industry/competition,size of organization,organizational structure and job evaluations 
C)  Employment relationships,corporate culture,basis of pay and job evaluation 
D)  Local market conditions,laws,basis of pay and job evaluations 
A)  Basis of pay,units of aggregations,patterns of variation in pay and job evaluations 
B)  Industry/competition,size of organization,organizational structure and job evaluations 
C)  Employment relationships,corporate culture,basis of pay and job evaluation 
D)  Local market conditions,laws,basis of pay and job evaluations A

Question 2

PCNs and TCNs do not usually receive the same treatment concerning educational expenses.

Accepted Answer

A) True 
 B)False  False

Question 3

Pension plans are very easy to deal with from country-to-country,as national practices are similar

Accepted Answer

A) True 
 B)False  False

Question 4

Generally the developed countries tend to rank as more expensive than developing countries because their wage costs are higher.

Accepted Answer

A) True 
 B)False

Question 5

Firms will never provide standardized "core" pay in the global firm.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following is the foundation block for international compensation whether the employee is a PCN or TCN?

Accepted Answer

A)  Tax protection 
B)  Foreign service inducement/hardship premium 
C)  Allowances 
D)  Base salary 
A)  Tax protection 
B)  Foreign service inducement/hardship premium 
C)  Allowances 
D)  Base salary

Question 7

Which of the following involves a payment to compensate for differences in expenditures between the home country and the foreign country?

Accepted Answer

A)  Home leave allowance 
B)  Housing allowance 
C)  Cost-of-living allowance 
D)  Relocation allowance 
A)  Home leave allowance 
B)  Housing allowance 
C)  Cost-of-living allowance 
D)  Relocation allowance

Question 8

It is a common practice for MNEs to use a home-country balance sheet approach for TCNs except in the USA.

Accepted Answer

A) True 
 B)False

Question 9

The Going Rate Approach is based on local market rates.

Accepted Answer

A) True 
 B)False

Question 10

Many employers cover the expense of one or more trips back to the home country each year.

Accepted Answer

A) True 
 B)False

Question 11

The base salary for an international transfer is linked to the salary structure in the host country using:

Accepted Answer

A)  Tax protection 
B)  Tax equalization 
C)  The Going Rate Approach 
D)  The Balance Sheet Approach 
A)  Tax protection 
B)  Tax equalization 
C)  The Going Rate Approach 
D)  The Balance Sheet Approach

Question 12

Describe some categories of Basis-for-Pay of strategic pay systems.

Accepted Answer

·Job vs.skill as basis for pay
·Performa

Question 13

The term "base salary" acquires a somewhat different meaning when employees go abroad.

Accepted Answer

A) True 
 B)False

Question 14

Present the general objectives of international compensation for a firm.

Accepted Answer

·Consistent with the overall strategy,st

Question 15

A seamless network of pay providing members,made up of global firms,their specialist consultant and local and regional public and private interests are:

Accepted Answer

A)  A reality 
B)  An impossibility 
C)  Not considered critical to MNEs executives 
D)  A goal not yet a reality 
A)  A reality 
B)  An impossibility 
C)  Not considered critical to MNEs executives 
D)  A goal not yet a reality

Question 16

The Balance Sheet Approach links the base salary for PCNs and TCN to the salary structure of the relevant home country.

Accepted Answer

A) True 
 B)False

Question 17

Most US PCNs typically:

Accepted Answer

A)  Remain under their home country benefit plan 
B)  Adopt US benefit plans 
C)  Take advantage of both their home countries' and the US's benefit plans 
D)  Do not receive benefits,only allowances 
A)  Remain under their home country benefit plan 
B)  Adopt US benefit plans 
C)  Take advantage of both their home countries' and the US's benefit plans 
D)  Do not receive benefits,only allowances

Question 18

In a recent cost of living survey,the most expensive city to live in is:

Accepted Answer

A)  London 
B)  New York 
C)  Zurich 
D)  Tokyo 
A)  London 
B)  New York 
C)  Zurich 
D)  Tokyo

Question 19

An advantage of the Going Rate Approach is that:

Accepted Answer

A)  There is variation between assignments for the same employee 
B)  There is equality in pay with local nationals 
C)  There is equity between assignments 
D)  It results in fewer taxes 
A)  There is variation between assignments for the same employee 
B)  There is equality in pay with local nationals 
C)  There is equity between assignments 
D)  It results in fewer taxes

Question 20

Foreign service inducements are usually made in the form of a percentage of salary and usually amount to 30 to 60 percent of base pay.

Accepted Answer

A) True 
 B)False

Pay strategy may be defined in terms of a series of interlocking strategic choices on:

PCNs and TCNs do not usually receive the same treatment concerning educational expenses.

Pension plans are very easy to deal with from country-to-country,as national practices are similar

Generally the developed countries tend to rank as more expensive than developing countries because their wage costs are higher.

Firms will never provide standardized "core" pay in the global firm.

Which of the following is the foundation block for international compensation whether the employee is a PCN or TCN?

Which of the following involves a payment to compensate for differences in expenditures between the home country and the foreign country?

It is a common practice for MNEs to use a home-country balance sheet approach for TCNs except in the USA.

The Going Rate Approach is based on local market rates.

Many employers cover the expense of one or more trips back to the home country each year.

The base salary for an international transfer is linked to the salary structure in the host country using:

Describe some categories of Basis-for-Pay of strategic pay systems.

The term "base salary" acquires a somewhat different meaning when employees go abroad.

Present the general objectives of international compensation for a firm.

A seamless network of pay providing members,made up of global firms,their specialist consultant and local and regional public and private interests are:

The Balance Sheet Approach links the base salary for PCNs and TCN to the salary structure of the relevant home country.

Most US PCNs typically:

In a recent cost of living survey,the most expensive city to live in is:

An advantage of the Going Rate Approach is that:

Foreign service inducements are usually made in the form of a percentage of salary and usually amount to 30 to 60 percent of base pay.

Introduction

The Cultural Context of IHRM

The Organizational Context

IHRM in Cross-Border Mergers & Acquisitions, International Alliances and SMEs

Sourcing Human Resources for Global Markets – Staffing, Recruitment and Selection

International Performance Management

International Training,Development and Careers

International Industrial Relations and The Global Institutional Context

IHRM Trends and Future Challenges

Filters

Exam 8: International Compensation

Pay strategy may be defined in terms of a series of interlocking strategic choices on:

PCNs and TCNs do not usually receive the same treatment concerning educational expenses.

Pension plans are very easy to deal with from country-to-country,as national practices are similar

Generally the developed countries tend to rank as more expensive than developing countries because their wage costs are higher.

Firms will never provide standardized "core" pay in the global firm.

Which of the following is the foundation block for international compensation whether the employee is a PCN or TCN?

Which of the following involves a payment to compensate for differences in expenditures between the home country and the foreign country?

It is a common practice for MNEs to use a home-country balance sheet approach for TCNs except in the USA.

The Going Rate Approach is based on local market rates.

Many employers cover the expense of one or more trips back to the home country each year.

The base salary for an international transfer is linked to the salary structure in the host country using:

Describe some categories of Basis-for-Pay of strategic pay systems.

The term "base salary" acquires a somewhat different meaning when employees go abroad.

Present the general objectives of international compensation for a firm.

A seamless network of pay providing members,made up of global firms,their specialist consultant and local and regional public and private interests are:

The Balance Sheet Approach links the base salary for PCNs and TCN to the salary structure of the relevant home country.

Most US PCNs typically:

In a recent cost of living survey,the most expensive city to live in is:

An advantage of the Going Rate Approach is that:

Foreign service inducements are usually made in the form of a percentage of salary and usually amount to 30 to 60 percent of base pay.

Introduction

The Cultural Context of IHRM

The Organizational Context

IHRM in Cross-Border Mergers & Acquisitions, International Alliances and SMEs

Sourcing Human Resources for Global Markets – Staffing, Recruitment and Selection

International Performance Management

International Training,Development and Careers

International Industrial Relations and The Global Institutional Context

IHRM Trends and Future Challenges

Filters