article thumbnail

Wage Increase Demands Up Nearly 20% in Two Years; Benefit Offerings Lag Behind

Refresh

” Alternative Compensation. “Providing transportation is also a huge incentive in entry-level industrial jobs,” he said. “It is important to offer good compensation to attract talent, and it’s even more important to create a healthy work environment to retain them,” she said.

Benefits 105
article thumbnail

Canadian Companies in Fierce Competition for Workers

Refresh

This all bodes well for manufacturers, transportation and logistics, retail and so on. What businesses need to do is get more creative in their overall package that is offered to employees, so they are properly staffed for this ongoing wave of consumer demand.” . “Consumer demand has barely eased as inflation has crept up.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What Is Talent Mobility and How HR Can Develop a Winning Strategy 

AIHR

Talent management risks: Talent mobility programs may create disparities in pay, which can cause issues with established compensation frameworks, leaving some employees feeling underappreciated and undervalued. Consider expenses such as visa applications, immigration fees, transportation, and settling-in allowances.

article thumbnail

Strategic Workforce Planning 101: Framework & Process

AIHR

However, if staffing costs between departments are equal, product line B is much more profitable than product line C. Future desired formation An example of future desired formation is the transport sector. As you can see, some product lines are more profitable than others. The revenue per employee in B is $1.6

Revenue 78