Why companies aren’t paying more despite labor shortages

If companies raised pay high enough, then maybe they wouldn’t complain about labor shortages that have forced them to forgo sales. But there seems to be a limit to how much a company is willing to pay, despite what seems like a clear opportunity to maximize the top line.Why it matters: Companies have been scrambling to staff up amid a rapid economic recovery. Employers across industries have been raising wages in their efforts to be competitive.Stay on top of the latest market trends and economi

Read full article

Leave a Reply

Your email address will not be published. Required fields are marked *