Tuesday, February 7, 2023
Homeworkforce wireRaising wages isn't enough to attract and keep workers, experts say

Raising wages isn’t enough to attract and keep workers, experts say

  • Amid a massive labor shortage, companies have boosted wages to try to attract and retain workers.
  • However, HR experts say that more must be done to stay competitive in the labor market beyond just increasing pay.
  • That could include enhancing career development programs, tuition and skill training reimbursement, and removing traditional barriers like degree requirements.

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