Hiring employees from outside the host country is an option many companies take when the local labor market does not offer enough qualified people. True False

Question

Peyton Nolan

Business

8 October, 03:14

Hiring employees from outside the host country is an option many companies take when the local labor market does not offer enough qualified people. True False

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Answers (1)

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Omar · Answer 1

True

Explanation:

Some countries are known to have people with special skills and competences that may not be available to others.

Hence where a company sees that the skills and competence required may not be adequately available in the local market, the company has the option of hiring employees from outside the country.

This may however be at a cost higher than the cost that would have been incurred if the company had hired the employee from the host country.