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This article should be a must-read for all hiring managers. All compensation practitioners are faced with this situation in one way or another. Simply laying out the long-term risks against the short-term savings is the best way to avoid missteps in acquiring talent.

Thank you!

This is always a delicate balance and a fantastic topic. Saving 5% to 10% is nothing in comparison to the cost of lost productivity and the backfill at a rate that's likely more competitive.

Great article and a timely reminder.

Excellent reminder of the follies of hiring on the cheap. I've witnessed the unintended consequences of such folly in a few places as practiced by some others.

How much a candidate is willing to settle for is frequently NOT the right answer. A fair, equitable rate is far better.

Thanks Chuck. Have a great Memorial Day and beyond.

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