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Does this law say that you cant offer someone below the salary posted in the job? I thought it was just a referance point more than anything.

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I'd imagine companies wouldn't want to do that, because you could come up with an argument that you're being discriminated against.

The road to hell is paved with good intentions

You could always hire the person for a different role. Say its a SE position in the company but then the person doesn't meet the requirements. The company can offer a jr position.

Especially in your situation it would make sense to have a separate title at the start.

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