Purchase Solution

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

Not what you're looking for?

Ask Custom Question

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!

Purchase this Solution

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).

Solution Preview

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 ...

Purchase this Solution


Free BrainMass Quizzes
Writing Business Plans

This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.

Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

Six Sigma for Process Improvement

A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.

Transformational Leadership

This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.