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Income Growth and Recruiting

February 1, 2014 Leave a comment Go to comments

Incomes still are not rising in general and expectations are low for income growth in the immediate future.

When the recruiting market is strong, incomes are going up. When there is pressure to keep your good employees because someone else wants them, the most significant thing you can do is increase pay. With that lack of pay increase pressure for the last several years plus, we can see that the recruiting market could be significantly stronger.

It will get there at some point and that’s the good news. The world is a better place when companies are competing for the best talent in order to grow their businesses.

todd@toddkmiec.com

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