GPHR Exam Dumps : Global Professional in Human Resource

Comprehensive and Detailed Explanation:

Expatriates who move frequently across borders oftendo not remain in any one country long enoughtovest in pension or retirement plans. This creates fragmented or evennon-existent retirement benefitsacross assignments.

This issue is particularly common in countries where benefits are based ontenure thresholds, like in defined benefit plans.

GPHR Study Guide Extract – Global Compensation and Benefits / Retirement Planning for International Employees:

“Internationally mobile employees often face difficulties in accumulating sufficient service time to qualify for retirement benefits, as benefit eligibility is usually country-specific and tied to length of service.”

Payroll deduction issues or offshore funding may occur, butthe core issueis theloss of continuity in benefit accrual.

Comprehensive and Detailed Explanation:

Offshoringrefers to relocating business functions to a different country to reduce labor and operational costs. It’s a viable solution when:

The home market is expensive

Local talent is limited

The business seeks long-term operational efficiency

Unlike outsourcing (external third-party provider),offshoring retains internal controlbut leverages cheaper labor markets.

GPHR Study Guide Extract – Strategic Global Human Resources / Global Sourcing and Offshoring:

“Offshoring involves moving business operations to another country to leverage cost advantages or labor availability. It maintains organizational control while addressing labor shortages or high costs.”

Joint ventures and acquisitionsare more complex and time-intensive, makingoffshoringthe fastest tactical fix.

Standardization is important, but for effectiveadoption, the code must resonateculturally. Aligning global standards withlocal ethics and valuesbuilds relevance and commitment.

GPHR Concept:Global policies should be localized for cultural alignment while upholding core principles.