You are the HR Professional for your organization and you have been asked to hire a project manager. The average market salary for the project management position, you have available is $87,500. Which one of the following salaries would be indicative of lagging the market?
Lagging the market means the organization pays less than the market norm. The best answer is $79,000 as it's below the stated norm for the project management position.
Answer option C is incorrect. This value would be matching the market.
Answer option D is incorrect. This answer would be leading the market.
Answer option B is incorrect. This answer would be leading the market, by a significant amount.
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