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Wed, 31 December 1969. Enticing New Employees With Corporate Stability

Employment is on the rise and with it, the return to attractive compensation packages and salary levels. After several down years in the employment market that was the result of the normalization of an inflated stock market and the beginning of the War on Terror, employers are constructing compensation packages with an eye to drawing dedicated employees. For job seekers, that environment was almost a pick and choose situation in which they could nearly name their salary and benefits package. Many of the dot coms, flush with venture capital, were offering performance incentives that included sports cars, trips around the world, in-office massages, and ping pong tables in the employee lounge. The goal was to attract and retain quality employees.

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