As I’ve reported here recently – upward wage pressure is forecasted especially in the 3rd and 4th quarters this year. Click here to see more details in an article from the Wall Street Journal earlier this week.
Locally we are seeing upward wage pressure across all of our service lines. As the supply of qualified labor continues to tighten increased wages are the natural progression. Further, as the labor supply tightens and wages rise – qualified workers will be more apt to consider new positions.