The job market appears to be shifting in favor of employers, making it a true employer's market. In a market of this type, job seekers outnumber available job openings, giving employers greater leverage in the hiring process. In the technology industry, this can lead to potentially lower compensation and benefits packages – especially in senior management positions. It also means increased competition among job applicants – especially in director-level and staff positions. In the past, options packages have shifted to the high-end of the range as pay packages get smaller, but subsequently stock options then appear to be more valuable as exits increase leading to options packages becoming relatively smaller.
It’s an Employer's Market
It’s an Employer's Market
It’s an Employer's Market
The job market appears to be shifting in favor of employers, making it a true employer's market. In a market of this type, job seekers outnumber available job openings, giving employers greater leverage in the hiring process. In the technology industry, this can lead to potentially lower compensation and benefits packages – especially in senior management positions. It also means increased competition among job applicants – especially in director-level and staff positions. In the past, options packages have shifted to the high-end of the range as pay packages get smaller, but subsequently stock options then appear to be more valuable as exits increase leading to options packages becoming relatively smaller.