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Due to population aging the Home Health Care Agency that you had started three years ago, went through a period of tremendous growth. In a

Due to population aging the Home Health Care Agency that you had started three years ago, went through a period of tremendous growth. In a year the need for your services grew twofold, particularly for the home attendants' services. You are meeting with your staff to discuss the hiring strategy to fill this gap. ON your market the supply of home health attendants is low even though the local Community College offers a seven-week Certificate to train people. After consulting with your group you've decided to hire new personnel at $25 per hour. Now 18 months later, due to the economic slowdown, the supply of home attendants is so high that the market rate for them is between $15-18 per hour. Questions: Should your Agency low the pay of existing employees to $15 or $18 in hour? While hiring new home attendants should your Agency pay new hires $15, $18 or $25 per hour? Explain your answers

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