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Help Wanted sign Employers with less than 50 workers are starting to get “squeezed out of the job market” by larger employers that can offer higher wages, better benefits and more opportunity for career development. (Photo: Shutterstock)

The pace of wage growth accelerated in the first quarter for both new hires, or “job switchers” and existing employees, or “job holders,” according to the ADP Research Institute’s Workforce Vitality Report.

Katie Kuehner-Hebert

Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.

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