Wage Compression and Pain Expansion for all...except for the CEOs

While the CEOs are helping themselves generously and digging deeper into the cookie jar, there is wage compression for many others, especially at the lower end. Part of the "global re-balancing" efforts, as wages rise sharply in countries like India and China.

Employers Lowballing New Hires - WSJ.com: "Since the labor market began picking up steam, companies hiring for entry-level or administrative spots with pay that would normally range from $40,000 to $50,000 have been offering workers $28,000 to $38,000, says Randy Miller, founder and chief executive of ReadyMinds, a Lyndhurst, N.J., provider of online career counseling and coaching.

For workers further up the food chain, an offer that might have been $100,000 a few years ago is now coming in at $85,000 or $90,000, he says."