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Should You Increase Wages to Attract and Retain Employees?
During times of high inflation, employees generally demand higher wages to keep up with rising prices. Today’s rising inflation rates and current labor shortages are forcing employers to respond to employee demands and driving up wages. Employee wages and salaries are...
4 Attraction and Retention Trends to Monitor in 2023
The labor market was a roller coaster in 2022 and will undoubtedly continue to evolve this year. It remains to be seen how the employment market will level out. Still, it’s a safe bet that employers will be challenged as they compete for top talent. Labor metrics...
How Can You Retain Your Employees During Times of Economic Uncertainty?
As 2023 begins, experts are predicting a recession. According to Citi Global Wealth Investment’s 2023 Wealth Outlook Roadmap, an estimated 2 million jobs could be lost nationwide, which could cause unemployment to rise above 5% this year if projections reach these...
