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American employers’ push for minimum wage increase faces an uphill battle

HR Digest

The media likes to call it a ‘labor shortage.’ This isn’t the first time the American multinational investment bank and financial services has raised wages. In 2017, BoA raised its minimum wage to $15 an hour. Two years later, it announced it will pay $20 an hour over the next two years. million job openings.

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What is Employee Engagement? Everything You Need To Know

Vantage Circle

A 2017 report by Gallup shows that 51% of workers are planning to leave their current jobs. You can include facilities like parental leaves, flexible work, and childcare services. Studies say that 89% of millennials prefer benefits over pay raises. Higher Retention. Employee Advocacy.