By: John Rossheim
Some of today’s hottest labor markets are pushing the boundaries of compensation. Data geniuses in finance can demand a big bump-up in pay. SQL and Java programmers are needed in great numbers, and their pay is rising apace. Healthcare executives who manage to maintain both quality and profits can earn big bonuses.
But beyond those and closely related examples, the majority of employers are successfully holding increases in cash compensation to new-normal lows as part of their compensation strategy.