EAU CLAIRE – Companies across the country have been struggling to hire workers for months.
A survey from Wisconsin Manufacturers and Commerce (WMC) found that 48% of businesses in the state are planning to raise wages by 3% to 4% in 2022. Another 34% of businesses plan to boost pay by more than 4%.
In total, just 3% of respondents told WMC they had no plans to increase employee wages.
“When you have companies who are struggling to hire workers, they’re willing to do whatever they can to get those workers on the job and in those positions long term,” WMC’s Nick Novak said.
Watch the full segment below:
8 in 10 Wisconsin companies plan to raise wages more than 3% in 2022 in an attempt to attract and retain workers.
I spoke with @WQOW about this topic and what else companies are doing amid a persistent workforce shortage. pic.twitter.com/TjHuD5hBx1
— Nick Novak (@NickBNovak) February 11, 2022