Guess what? As the US job market recovers, companies have been slow to adjust pay for their workers.
The Wall Street Journal reported this past weekend that wage adjustments are lagging the recovery, according to a quarterly survey by Duke University and CFO magazine. However, a correction is in the offing, as CFOs expect wages and salaries to adjust upward over the next 12 months.
Every industry, including real estate, has been doing more with less, and at the same time continuing to squeeze wage adjustments.
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