Fundamentals of Human Resource Management 6th Edition by Raymond Noe, John Hollenbeck, Barry Gerhart,Patrick Wright

Exercise 5

Management, Professional, Computer Occupations Are the Highest Paid
Looking at broad occupational categories, the highest pay goes to managers, followed by experts in computers and mathematics. The lowest-paid occupational groups involve agriculture and services (personal care and food preparation and service).
The pay rates shown in the graph are for the median worker in each category (half the workers earn more, and half earn less). However, keep in mind that the range of earnings for an occupational category may be great. In sales, for example, median earnings range as low as $9.12 an hour for cashiers and as high as $45.14 for sales engineers. The overall median is low because there are many more cashiers than sales engineers.
Median Hourly Wages

If a company were to hire a new human resource manager, would the $45.96 hourly figure shown here for management be an appropriate rate of pay Why or why not