Work
Pay Rises and Flexibility Go Mainstream as Staff Shortages Bite
- Over 70% of businesses offering flexibility, UBS survey says
- Vast majority report problems with recruitment, retention
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The majority of businesses are raising wages and offering more flexible working conditions as they struggle to hire and retain staff, according to a UBS Group AG survey.
It found 74% of firms globally are offering more flexible hours, 71% more choice on work locations and 66% have increased base pay.