Question

Suppose that you work in human resources for a firm that is looking to recruit a...

Suppose that you work in human resources for a firm that is looking to recruit a new human resources specialist, and you are tasked with providing a suggestion on a competitive wage offer. You know that the median salary for a human resources specialist is $61,920, and it occurs to you that while your firm offers a generous family leave policy it is also located in the old barge warehouse district of a fading industrial town. How might those factors influence your decision and why?

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Answer #1

SOLUTION:-

4) Some of the crucial factors that might influence my suggestion as HR representative are

1. Lower cost living in the old town,

2. Median salary(as mentioned)

3. Family leave policy(as mentioned)

After consideration of mostly these 3 predominant factors, the wage cannot definitely be more than the median. Hence, the offer has to be either less than the current median salary with decent benefits, or equal to the median salary.

THANK YOU

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