The job market for accounting professors has suddenly strengthened. Newly-graduated accounting Ph.Ds are being offered over $100,000 per year. Many current accounting professors are making significantly less and university salary budgets are tight. In addition, many accounting professors are reaching retirement age. As an HR professional with an understanding of compensation, which of the following situations will probably NOT occur?
A) current accounting professors will start looking for new jobs
B) retiring professors may not be replaced with as many new hires
C) universities that don't offer market pay for new hires will not have many qualified applicants
D) universities will begin offering more accounting classes on-line
E) all of the above are likely outcomes

Question

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The Answer of The job market for accounting professors has suddenly strengthened. Newly-graduated accounting Ph.Ds are being offered over $100,000 per year. Many current accounting professors are making significantly less and university salary budgets are tight. In addition, many accounting professors are reaching retirement age. As an HR professional with an understanding of compensation, which of the following situations will probably NOT occur?
A) current accounting professors will start looking for new jobs
B) retiring professors may not be replaced with as many new hires
C) universities that don't offer market pay for new hires will not have many qualified applicants
D) universities will begin offering more accounting classes on-line
E) all of the above are likely outcomes

The Job Market for Accounting Professors Has Suddenly Strengthened