January 28, 2008 3:49 PM

What's in store for your salary in 2008
Posted by Douglas Eisenhartat 3:49 PM

The economic news has been anything but pretty so far this year, with wildly gyrating global financial markets and incessant talk of a looming recession here on the home front. So what does that mean for you and your paycheck in 2008?

Let's see what our friends at Salary.com have to say:

Though salary trends generally follow the economy, there is a silver lining: despite a pessimistic economic and hiring outlook, employees can reap benefits in the form of training and recruiting initiatives, better work/life conditions, and a relatively favorable climate for retirees and entrepreneurs. Below, a breakdown of what you can expect.

Retirees Get a Second Salary Wind (Or Career)

As Baby Boomers approach retirement age, human resource departments will begin to find ways to retain the expertise and experience of their senior staff members as board members or consultants, or attract those retirees looking for new, second "style" careers altogether. Due to lifestyle and aspiration changes, these workers aren't necessarily looking to climb the corporate ladder and generally seek positions with flexible schedules. This will be the beginning of a huge boom for retiree jobs as the U.S. labor market begins to mine this new resource. Coleman encourages retirees to capitalize on demand for experienced workers to augment income and benefits, "Position yourself this way. Use it as a marketing pitch and market your unique strengths–and never be apologetic."