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HRCI PHR Exam - Topic 3 Question 130 Discussion

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?
A) $79,000
B) $101,000
C) $87,500
D) $88,000

HRCI PHR Exam - Topic 3 Question 130 Discussion

Actual exam question for HRCI's PHR exam
Question #: 130
Topic #: 3
[All PHR Questions]

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?

Show Suggested Answer Hide Answer
Suggested Answer: A

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.


Contribute your Thoughts:

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Valentine
1 day ago
Wait, are we really considering $79,000? That seems low!
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Emerson
6 days ago
D) $88,000 seems a bit above average, right?
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Lashaunda
11 days ago
C) $87,500 is right on the mark.
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Roxanne
17 days ago
I think B) $101,000 is way too high!
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Lazaro
22 days ago
A) $79,000 is definitely lagging behind.
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Carma
27 days ago
I feel like $88,000 is still pretty close to the average, so it might not be considered lagging. I think A is the best choice.
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Marvel
1 month ago
I practiced a similar question, and I believe lagging means below the average. So, A seems right, but I could be mistaken.
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Lashawn
1 month ago
I'm not entirely sure, but I remember something about salaries needing to be competitive. Wouldn't $101,000 be too high?
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Kenneth
1 month ago
I think lagging the market means offering less than the average, so I would lean towards option A, $79,000.
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