By Joan Brannick T here is no denying that there is a shortage of labor in today's economy.
Data prove it, and everyone is talking about it.
In a recent issue of Fortune, however, Geoffrey Colvin noted that its Ten Most Admired companies attract far more applicants than they need. Cisco These are difficult questions with no easy answers. Cisco attracts 26 applicants for every job opening. While it is true that most companies on this list represent high technology industries where salaries are at all-time highs, two other companies on the list represent industries that are not known for their overly generous compensation packages. The answer, these companies make no excuses.