Among other things, the recession has brought us an unswerving focus on restraining fixed costs and record low salary increase levels. Many believe that slow base salary growth will be a reality for the foreseeable future.
Past recoveries have produced a flurry of salary adjustment activity - a frantic pattern of "catch up" as the labor market turned, recruiting activity and market pay levels picked up steam, and organizations scrambled to keep their salaries competitive.
What can we expect this time as the economy turns?
Some thoughts on this questions, and some recent research findings, in my post today at the Compensation Cafe. Click on over and take a read.
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