This year, many areas are experiencing a rise in minimum wage—some for the first time in many years. In other locations, there are raise pressures beyond legal requirements, as employers are finding they’re simply not receiving as many applicants as they did in the past for roles that are on the lower end of the pay spectrum.
This trend is being seen across the country. Wages are being pressured upward, and employers have definitely taken notice. What does this trend mean for your hiring plans?