Salaries surge for white collar workers
wsj.com
wsj.com
"She settled on 10% after her finance chief attended a gathering with peer companies. When the subject of compensation came up, a consensus quickly emerged among attendees that 10% raises were needed to keep up with both inflation and the demands of highly sought after tech talent."
Good to know. Now we'll simply bid more and poach talent. Capital is cheap right now, it's time to hire and build!
Of course those at the bottom who aren't getting these raises will be even further down.