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What is your negotiation strategy

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Reference no: EM133600980

Question: describe how you would handle the following situation in 2 paragraphs: You have interviewed a prospective new employee for a senior position with your team. The new person's required salary would force you to break your company's compensation philosophy because it's 30% higher than the market rate for the position. The budget is tight, but you believe this person is a can't-miss hire. If you paid the required salary for the new person, it would create a rift between current employees and the newcomer. You've been searching for an individual with this skill level for almost a year. What is your negotiation strategy?

Reference no: EM133600980

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