More companies are offering pay increases, flexible working arrangements and signing bonuses to recruit and retain staff amid the Great Resignation, a new report finds.
More than 70% of finance decision-makers in business and industry are offering higher wages, 54% are offering flexible work arrangements and 23% are offering signing bonuses as part of their strategy to keep or hire employees, according to the first-quarter AICPA Business and Industry Economic Outlook Survey.
While 40% of respondents say that unfilled positions had no significant impact on their business, 24% say they had to restructure their operations and 23% have limited new projects or bids. See more findings.