Early signs are that hiring will remain solid in 2017. With the candidate shortage expected to continue for a number of years, recruiters can expect that salaries will grow. Candidates will entertain multiple offers. Recruiters will become more valuable as employers cannot find the right talent for their most critical roles.
Salaries below US $40,000 annually dropped by more than 60%. This mirrors what we are seeing and hearing from others as the talent pool continues to shrink.
At the same time, we experienced 125% growth in salaries between US $60,000 – $70,000 per year.
There was modest growth for salaries at the next two segments, $70K – $80K and $80K-$90K, and then another huge shift (125% increase) in salaries between $90K – $100K per year.