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IRP 321 Compensation Management policies Objective Question
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Question

What is the core principle of the Global market approach to expatriate compensation?
Options
A Paying expatriates based on their home country's salary structure.
B Aligning salaries with the host country's local market rates.
C Benchmarking salary levels and benefits across countries and industries.
Correct Answer
D Using a combination of home-based and host-based pay systems.
Correct Answer

Option C is the correct answer.

Detailed Explanation

Page 36 explains, 'Global market approach: Salary is based on international benchmarking. This entails comparing salary levels and benefits across countries or industries and aligning expatriates' salaries with global standards'.

Hint

The term 'global market' suggests a comparison beyond a single home or host country.

Question Info

Course: IRP 321
Topic: Compensation Management policies
Type: Objective
Difficulty: Not specified
Question 44 of 59
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