Hiring people is hard work, and it’s getting harder. The unemployment rate is extremely low (4.1%) and going down.
reducing turnover rate, Turnover, turnover rate, wage growth, what employees want, Employee Retention, financial wellness, how to help employees, reduce turnover, employee loyalty
applicant pool, inflation, reduce turnover
From Jason Lee, Founder and CEO of DailyPay: the economy is growing, and so you need more workers. However, inflation isn’t keeping up, which means you can’t afford to pay them more. What can you do?