Determining a starting salary for a new hire can sometimes be tougher than figuring out how much to charge for your company’s products or services.

There are very few guidelines, especially if the position you want to fill is brand new to your business. Then there’s the balance sheet. Set the bar too low and you may not attract and retain the most qualified talent. Nudge the pay needle too high and you risk cutting too deep into your budget.

So what’s the best way to price that starting salary? Click the following link to read more: 

hiring.monster.com/hr/hr-best-practices/recruiting-hiring-advice/managing-hiring-costs/starting-salaries.aspx