The war for talent: Employers offer premium wages to draw skilled workers
As the labor market continues to tick toward full employment, employers are engaging in a competitive war for talent. And employees stand to gain from it.
Unemployment dipped to 4.9 percent last month, down by half since the end of the recession ' a clear sign that Americans are back to work. With a tighter labor market, employers have begun to increase wages in order to attract and retain the best talent in their industries.
Nowhere can we see this trend more clearly than in the latest wage...