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Topic 1: Paying the Going Rate As the manager of a small engineering company, you need to hire a replacement for a senior employee who

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Topic 1: Paying the Going Rate As the manager of a small engineering company, you need to hire a replacement for a senior employee who just retired. The salaries you pay have always been a little below average, but it has never been an issue because you offer excellent benefits and a great work environment. The individual you want to hire has made it clear that she will not accept the job unless you increase the offer by $5,000. To match the market rate for the position. If you pay the going rate, you'll risk alienating your current workforce. If you don't, you'll miss out on a great new hire. What can you do to best handle this dilemma

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