You are the compensation manager in an established video game company that is having difficulty in hiring staff members in the game development division. Until recently, this division has been able to attract some of the best new graduates of computer science colleges but has seen candidates accept positions with other companies.
What competitive market pay policy would you recommend for the company to use? In order to make your recommendation, what additional information would you need about the company? Describe four competitive market pay policies, and give an example of when an organization might want to use each policy.