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There's an obvious problem creating unrest with workers today, and it's creating a new battle for talent: inflation is increasing at a yearly rate of around 8%, while wages are increasing by roughly 5%.
With their hearts in the right place, nearly two-thirds of U.S. employers are increasing compensation budgets due to inflation. Others are putting the money towards recruitment and retention efforts, or simply sending bonuses to top employees. These attempts have proven relatively ineffective.
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