Steve said to his manager, "Tristan, I need to tell you that I have received an unsolicited offer from a competitor. I've enjoyed my eight years at Southern Enterprises, and I'd like to stay. But the offered salary is 20 percent higher than my current salary. The other firm cited what I have learned this past year on the public works job as a particularly valuable skill." Steve is a highly valued employee, and Tristan has been grooming him as his successor. If Tristan were to consider market rates as an important indicator of worth in responding to Steve, Tristan would most likely
A)transfer Steve to a division in another city where the competitor does not have an office.
B)explain to Steve that internal resource considerations establish Steve's salary.
C)seek to retain Steve by increasing his salary by at least 20 percent.
D)contact the competitor and inform them that Steve is "off limits."
E)terminate Steve's employment for insubordination and lack of loyalty.

Question

Quizplus · Accepted Answer

Tristan would most likely seek to retain Steve by increasing his salary by at least 20 percent to match the offer from the competitor. This would demonstrate that Tristan values Steve and is willing to compensate him appropriately to keep him at Southern Enterprises. Additionally, by increasing Steve's salary, Tristan would be showing Steve that his skills and contributions to the company are valued and recognized. This would reinforce Steve's loyalty to the company and make him more likely to stay in the long-term.

Steve Said to His Manager, "Tristan, I Need to Tell