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IHRM - How to use Cost Of Living Allowance to help recruite

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As an IHRM, how would you utilize COLA in the recruiting of employees to be reassigned to foreign locations? What expense areas should be considered when determining COLA? Assignments in which of the following foreign countries do you think would have the highest COLA and why?: 1) Vietnam; 2) Pakistan; 3) Bolivia; 4) Switzerland

Dowling, P., Festing, M. and Engle, A. (2009). International human resource management, (5th ed.). Mason, OH: South-Western Cengage Learning.

And please just let me know what area of pages used...THANKS!

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The IHRM can use COLA allowances as part of recruitment by offering to remove many of the burdens of the overseas financial obligations. Through establishing programs and incentives through COLA allowances, the company can attract more talent to the position that's being recruited for.

The expenses to consider for COLA are:

Housing Allowance: A company will need to make sure that the employ that agrees to the overseas assignment ...

Solution Summary

The IHRM can use COLA allowances as part of recruitment by offering to remove many of the burdens of the overseas financial obligations. Through establishing programs and incentives through COLA allowances, the company can attract more talent to the position that's being recruited for (Dowling, Festing, & Engle, 2009).

$2.19