Hiring isn't as simple as paying the least possible in the current climate. Significant variance in salary among people with similar jobs will be an issue (peop

Hiring isn't as simple as paying the least possible in the current climate. Significant variance in salary among people with similar jobs will be an issue (people talk). Additionally, labor surpluses don't last forever. Low-ball salaries in that situation will lead to turnover at the worst time - when the economy is recovering.