| "ensures that candidates have reasonable expectations" "a quick way to cull the large numbers of candidates for open jobs" "holds down wages because now the jobs are being filled by people with lower salary expectations" "U.S. employers continue to hold the line on wages" "looking ahead and saying they want to keep the escalation of labor costs from going up in a way that will put pressure on earnings" "47% of chief financial offers said they plan to work to lower or control labor costs this year, by taming compensation growth" gauge applicants’ “level of reality" Very interesting language in this piece. Between culling applicants, testing their level of "reality", taming their unrealistic expectations, and holding the line, I think we can speculate that perhaps CFOs are panicking about rising wage pressure, using propaganda pieces like this one to reassure themselves, and trying hard to pressure applicants to be "realistic." If employers want to try to save money by flying budget instead of first, they should be encouraged to do that. Maybe eventually they'll understand how that works out for them. |