Bosses still reluctant to increase wages to retain staff despite increase in business confidence

By Dynamic Business · 24 July 2019 · News

Bosses still reluctant to increase wages to retain staff despite increase in business confidence

Bosses Still Holding Back on Wage Hikes

Despite a surge in business confidence, CEOs are hesitant to reward their top talent. Will they finally start to loosen the purse strings?

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Summary

Business confidence is returning but a new survey shows many bosses still aren't willing to lift wages to retain talented staff. Bosses at small and medium-sized businesses believe the economy is turning around after a year of plummeting confidence. But the new survey of chief executives also shows they expect wage growth to stay low, […]