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3 ordspråk av Steven E. Gross

Steven E. Gross

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In the current environment, employers are less concerned with 'chasing the market' in terms of pay. Today, they are more internally focused on what they afford. They can do this because the balance of labor supply and demand has tilted in their favor, at least temporarily.

In order to give their outstanding employees a 5 percent-plus raise, employers may need to consider giving no pay increase at all to employees with sub-par performance.

Employers are seeing some signs of an improved economy this year, but they're not ready to commit to higher pay increases yet.

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