Wage Growth: The Last Employer Holdout to Attract Candidates
Acquire the Right Talent
The U.S. unemployment rate has hovered around 4% or lower for a full year, since March of 2018, and fell to 3.6% in April 2019, ahead of forecasts. With job openings at a 17-year high, competition for ideal candidates is fierce.
The best candidates for your open roles are likely already employed, making passive candidates the topic du jour.
Employers will do well to zero in on one lever many have been avoiding pulling: the almighty salary increase.