Avis Caravello In the News

From:

Irell, Quinn to Hike First-Year Salaries

The Recorder, September 22, 2005
Kellie Schmidt

A jump of $5,000 might not be a significant enough amount to sway an individual candidate's decision, but it does send a powerful message, said Bay Area recruiter Avis Caravello. When top recruits are checking out similar firms, it could tip the scales in one firm's favor.

"In and of itself, it wouldn't signal people to flock to that firm, but it shows the firm's confidence in its financial success and willingness to share with its associates," Caravello said. "It's more psychologically what it says to candidates: We're sharing."

and

Recruiter Caravello said she's already heard a buzz from firms who are questioning whether it's time to think about a raise. "If you're out of step, you lose your competitiveness," she said. "Irell's bump is a conservative bump but an indicator that firms will likely follow."

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