MBA1390 Q&A Wednesday: My employee is asking for a HUGE raise. What do I do?

Do you know what your employees are worth? It’s Q&A Wednesday, and one of our listeners has a valuable employee with an inconvenient request: a 40 (yes, 40) percent increase in salary. That’s a hard bargain to drive, but driven it is. What’s an entrepreneur to do when a crucial team member makes such a drastic demand?