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Big Businesses Are Struggling to Fill Open Positions This Holiday Season
Companies like Target and UPS are trying new ways to entice prospective workers this season, including offering cash, benefits and perks.
The holidays are upon us, but not everyone is ready for the festivities to begin. Many companies are having a hard time finding seasonal workers this year.
That’s according to a new report from USA Today, which says that retail, food services, delivery and many other industries are struggling from the falling unemployment rate (a 17-year low of 4.1 percent) and can’t find enough people to fill open positions. Businesses are trying new ways to entice prospective workers this season, including offering them cash, benefits, and perks.
Target announced that it’s increasing the hourly minimum wage to $11 and plans to go as high as $15 by 2020. At J.C. Penney, part-time employees will be eligible for one week of paid time off per year, starting in 2018. Additionally, UPS will offer up to $200 a week as a retention bonus for people will work every day. The delivery company is also hosting recruiting parties complete with candy and movie-ticket giveaways. Read more….
