Here S What Employers Need To Do To Keep Employees Around
As Nicholas Creel, an assistant professor of business law at Georgia College and State University in Milledgeville, Ga., explains, businesses are already being strained with soaring supply chain prices, giving them next to no room for an increase in other costs without having to pass those costs off to consumers via price hikes. “So it isn’t too surprising that so many employers are trying to hold off on increasing employee pay or benefits—that’s a long-term cost increase they will have to deal with even after the supply chain issues level out,” he says....