Manufacturing companies are increasing wages to stay competitive in attracting and retaining workers, according to a new study conducted by The Manufacturing Institute and Colonial Life. Tight labor market: Of the survey respondents, 93% had unfilled positions in their companies that they were struggling to find qualified applicants for. Nearly 90% said they have increased compensation and…
Original source: https://www.nam.org/how-manufacturers-compete-in-the-labor-market-17614/