“I do think companies are aware that the best workers are more in the driver’s seat,” said John Challenger, chief executive of Challenger, Gray & Christmas, an executive outplacement firm. “Companies know that if they lose someone they value, it’s harder to go out and replace skilled workers in a low-unemployment environment.”
"And keeping pay and bonus percentages constant has been made possible only through cost-saving layoffs. U.S.-based energy firms announced 60,500 job cuts in the first six months of 2015, compared with fewer than 4,000 in the same period last year, according to job placement firm Challenger, Gray & Christmas."
"Government agencies typically pay less than private sector companies, said John Challenger, CEO of professional staffing firm Challenger Gray & Christmas Inc.