CELSI's research report on wages and working conditions across sectors in the US economy was covered in Forbes and other media, such as yahoo.com and marketwatch.com.

Forbes’ contributor Elaine Pofeldt in the article "Small Firms Pay Half the Wages of Giant Rivals -- Can They Win the Talent War?" presents data from the research report prepared by CELSI in collaboration with the WageIndicator Foundation and the job board Monster Worldwide, Inc. Based on wages in 80 countries relative to factors such as cost of living, the report finds that large employers pay employees roughly twice the rates of small firms. Forbes quotes Martin Kahanec, who explains that “bigger companies have more access to capital” and thus have greater ability to invest in tools and training that makes their teams more productive.

Forbes also focuses on the fact that according to the report, fewer than 45% of U.S. workers are happy with their pay. “Companies might find themselves in a situation where they either pay a little higher wages or face a less happy labor force,” Forbes quotes Kahanec. “Happy labour force” may also be influenced by the working environment. The report finds that nearly 78% of workers in the survey are relatively satisfied with the relationships with their colleagues.

“Monster.com recommends fostering a “collaborative and comfortable work environment” and rewarding your team for high performance with extra vacation days when you can. Work-life balance is one area where giant firms often can’t compete with smaller rivals. With quality of life is becoming more important to many employees, offering a healthy work environment with reasonable hours can go a long way in attracting great people. ” concludes Forbes.

See the article "Small Firms Pay Half the Wages of Giant Rivals -- Can They Win the Talent War?" here: http://www.forbes.com/sites/elainepofeldt/2014/12/26/small-firms-pay-half-the-wages-of-giant-rivals-can-they-win-the-talent-war/

Find out more about the report here: http://www.monster.com/about/a/workers-unhappy-with-pay-happy-with-coworkers-survey-says-1211#.VJ2SBl4BA