If employees at Kormel Foods are underpaid compared to Fresh Munchables, how should management at Fresh Munchables act?

The most strategic action for management at Fresh Munchables, in the context of employees at Kormel Foods being underpaid compared to their organization, is to advertise job openings to attract skilled workers from Kormel. This approach capitalizes on the competitive advantage that Fresh Munchables has due to the salary disparity. By positioning itself as a more attractive employer, Fresh Munchables can draw in talent that is already skilled and experienced, thereby enhancing its workforce and potentially leading to improved productivity and innovation.

This decision not only aims to fill current vacancies with competent individuals but also signals to both existing staff and the market that Fresh Munchables values skilled labor and is willing to compensate it accordingly. In a labor market characterized by high competition for talent, attracting skilled workers from a competitor with lower wages can significantly improve a company's human capital, which is vital for achieving strategic goals.

Other options may not be as beneficial for Fresh Munchables' overall talent management and organizational health. For example, implementing a wage freeze would limit the company’s ability to attract new talent and could also negatively impact employee morale if current employees feel undervalued. Reducing wages for manufacturing employees contradicts the goal of attracting talent by lowering compensation and could lead to increased turnover and