The Wall Street Journal " Outlook " observes, " In the U.S. job market, the balance of power is shifting to employees from employers, " and states that " the retention frenzy was triggered in part by previous waves of corporate downsizing, " which left behind survivors who took stock of career options and used Internet job listings and intensified recruiting to land better offers, which in turn led to counter-offers and higher salaries.
The WSJ Outlook says, " In the US job market, the power is shifting to employers and the retention frenzy was triggered by previous waves of corporate down sizing which left behind people who took stock of career options and used Internet job listings and recruiting to land better offers which led to higher salaries.