The most important reason for organizations to customize benefit programs by country is to:
A.
Meet the employees' needs
B.
Be more cost-effective
C.
Standardize administration
D.
Improve return on investment
The Answer Is:
A
This question includes an explanation.
Explanation:
Comprehensive and Detailed Explanation:
Global benefit programs must becustomizedto matchlocal employee expectations, cultural values, and legal requirements. What motivates or supports employees in one country may not be relevant—or even legal—in another.
In Japan: retirement plans and job security
In the U.S.: health insurance
In the UK: paid leave and flexibility
GPHR Study Guide Extract – Global Compensation and Benefits / Benefits Customization:
“Effective benefit strategies are driven by employee needs and local market expectations. Customization ensures relevance, compliance, and employee engagement across geographies.”
Standardization may lead tonon-compliance or disengagementin local markets.
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