Of the many reimbursements and allowances that U.S. companies make for employees who take foreign assignments, which one is the most essential? Discuss your reasons.© BrainMass Inc. brainmass.com October 25, 2018, 9:03 am ad1c9bdddf
The allowance given for cost of living adjustments is the most important. Generally, international companies allow employees an allowance or use a reimbursement for the difference in the cost of living. If we use certain factors to calculate the cost of living in our country and we arrive ...
This solution explains which allowance and/or reimbursement is the most crucial to employees that accept foreign assignments. A thorough discussion is provided.
Introduction to Compensation and Benefits
Allowances and reimbursements for international assignments are costly. Should companies avoid international business activities? Explain your answer. If you answer no, what can companies do to minimize costs?View Full Posting Details