David Smith Provides Insights on Worker Shortage and What Employers Can Do
The U.S. Chamber of Commerce conducted a survey that spotlights the unprecedented challenges businesses across the country and various industries are facing with filling vacant positions. When businesses do not have enough employees, they are forced to reduce hours, scale down operations, turn down jobs, and take a loss on revenue. The U.S. Chamber of Commerce’s report found there were 8.1 million vacant job openings in the U.S. as of March 2021. David Smith shares his expertise on how employers can address the growing shortage of workers, “Businesses and organizations will have to get creative to find ways to fill their open positions. Find ways to make your opening more attractive: compensation matters, of course, and even small increases in pay could be a way to attract more interest in an open vacancy.”
The full article is available on Forbes.