If you or someone you put through college is entering the job market with a master's degree in management, life just got better.

A survey of hiring managers by the nonprofit Graduate Management Admission Council found that more than half of the respondents are planning to pay more for such potential talent in 2014 than they did last year.

These talent-seekers are clearly gearing up for what they see as a continually improving economy, and they're willing to budget more in order to get the horses they need to compete.

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Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.