In the context of hiring, when a company evaluates the marginal benefit of adding an additional employee, which of the following best describes this concept?

When a company considers hiring an additional employee, it looks at the marginal benefit, which means the extra value or profit that this new employee can bring. This involves comparing the additional output or work the employee can produce against the cost of hiring them, such as their salary and benefits. For example, if hiring a new salesperson brings in an extra $50,000 in sales but costs the company $40,000 in salary, the marginal benefit is positive because the company gains $10,000. Essentially, companies want to ensure that the benefits of hiring someone outweigh the costs, leading to better overall performance. This careful evaluation helps businesses make smart decisions about their workforce and resources.