Employers handing out raises in 2022 were doing so primarily due to concerns about employee retention (44%), while 30% were concerned about keeping up with inflation’s effects and the higher cost of living.On the other hand, employers may limit pay raises or even compensation itself during r...
Even with these factors working in favor of financial institutions, there’s always room for improvement. A2021 studyfound that financial service companies can boost retention by focusing on customers who live closer to their branches and by offering higher loan amounts relative to the collateral va...
And this has an impact next year and in future years on the average age of vehicles in operation: That inflow of new vehicles has drastically slowed, and the vehicles that are in operation are going to get driven longer before they’re scrapped. A...