This lively presentation brought together a variety of big-picture economic data, including historic patterns in Gross Domestic Product growth, Unemployment Rates, and Labor Force Participation Rates, to place compensation survey market data within helpful perspective. Dynamic changes in US-wide, as well as Idaho-specific, data will be examined covering a period of many years, as well as recent months. The result will be some suggestions as to what employers may be facing regarding labor inflation in the months and years to come – and it probably won’t be just more of what we have been accustomed to seeing in recent years.
The presenter was Steve Treder, Senior Vice President with Western Management Group (WMG). WMG is a trusted provider of compensation and benefits surveys. Steve brings more than three decades of experience in the fields of compensation analysis and compensation surveys.
Approved for 2 HRCI Credits