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The OP also mentioned the offer was below the average market price for somenone with a similar work experience, which is simply absurd if their goal is to entice you away from your current job.

They may not know the precise work experience nor the market price. They may also not be able to need or afford either.

Which means that they haven't done the bare minimum research into the position, they hired incompetent people, or they themselves are incompetent. None of these options really screams good place to work.

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