CUNY LC Relative Cost of Living in Five Countries and Their Implication Discussion

Assignment Overview

This assignment examines the relative cost of living in five countries and the implications of such differences in drafting a pay plan for managers working in each country.

Deliverables

• A two- to three-page (500- to 750-word) paper, double-spaced with 12 point Arial font

Assignment Details

Perform the following tasks:

Step 1: Research five countries.
Search an online academic virtual library or other websites such as salary.com to gather information. Use the information you find to evaluate the labor market of these countries ensuring that you address these topics:

• Specific HR challenges in each country
• How these markets differ from the United States
• How work done by various types of firms in each country differs
• The firm’s ability to attract good candidates
• Retention strategies for each country