A medium-sized company has recently seen a large increase in revenue. The rapid growth is resulting in demand to hire new team members. To oversee the anticipated growth, the company hires a new HR director.The HR director, recognizing the need to ensure that the right talent is brought into the company, implements a more structured hiring process to assess applicants skills, compensation needs, and culture fit.Upon receiving news of the new hiring process, the HR director becomes aware that many managers do not support the new hiring process. They claim it slows down the hiring cycle and believe that the initial salary and bonus recommendations resulting from HRs recently updated compensation structures are not reflective of market demand. The managers claim this situation is causing candidates to decline their offers of employment.Which action should the HR director take to best ensure that the companys compensation structures are competitive?AnswersUse salary information available on the Internet to benchmark current job types to market data.Engage a third-party consulting firm to do a full analysis of job types and associated compensation structures.Encourage managers to send HR specific examples of compensation concerns, using these as input to update compensation structures.Implement changes to the current compensation structures by working with the recruiting team to gather candidate compensation expectations.