Day: January 20, 2022

Business will be forced to pay more for labor this year — especially service workers — as the global supply chain remains strained, according to a report by analytics firm IHS Markit. Services workers are among the most in danger of contracting Covid and been among the most hesitant to return to work. Other factors are weighing on the global supply chain as well. Fixing

US employers are boosting their salary increase projections for this year, according to a survey taken of 1,004 US companies in October and November by WTW, the new brand for Willis Towers Watson. It found that nearly a third of US companies increased their salary projections from earlier in the year. Companies are now budgeting an overall average salary increase of 3.4% this year compared