I. NEW HIRE SALARY DETERMINATIONS

Instructions: Determine most appropriate hire pay for $3$ different candidates in the same

company reviewing each situation and the different factors per candidate.

Company Description: Your company, a mid$-$size $(750$ employees$)$ hospitality company $($a

restaurant chain located exclusively in the Midwest$),$ is recruiting $3$ positions: Finance

Director, Compensation Analyst and VP Operations. After several interviews, the below

candidates are selected for hire.

Top Candidate for Finance Director

Salary Range: $$116,000-$ $$145,000-$ $$174,000$

Very experienced; outstanding references from former employer

Most recent job as Finance Manager in large multinational company

Has another job offer pending

Candidate current salary is $$138,000$; her desire is to increase her current salary by

$15\%$ bringing her to $$158,{700}_{{?}_{?}}$

Other current employees in same grade level have an average comparatio of $\mathrm{.}95,$ just

below midpoint.

Company has a practice of offering new hire salaries below grade midpoint to allow

for future salary growth and progression. What salary do you offer this candidate?

Provide rationale.