Everyone knows there’s a war for talent, but there are some aspects of it that may surprise you. For example, despite the hot economy, many workers are finding their wages not keeping pace….unless they quit. A recent Associated Press article indicates that workers who leave their jobs are enjoying raises that are significantly higher than those give who stay.
C-Level executives need to be sure that their “keepers” stay before they’re poached. Are you paying them enough to avoid temptation?
This article does an excellent job of recapping what’s going on in the labor market for both highly compensated employees and less skilled workers. A few minutes with this summary may save some key players going to a competitor.