by Mike McCluskey, Senior Technical Editor, CalChamber
The U.S. and California labor markets are constantly changing — and they are significantly impacted by issues other than straight economics. Changes attributable to technology advances, an aging workforce, demographics and slowing population growth are reshaping the labor market in ways we've never seen.
For this reason, employers will need to focus vigilantly on employee retention — and those who take action now will put themselves in the best position for success. In addition to paying wages and salaries that are, at minimum, competitive for your industry, measures employers can take include:
This premium content is for our members. For immediate access, join online or by phone at 800-331-8877. Or Start a Free Trial Now for 7 days.
Already a Member? Sign In Below.
