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Oct 14, 2021

Companies increase starting wages by nearly 10% in attempt to fill vacancies

Three-fourths of U.S. CFOs express difficulty hiring, leading them to increase wages, according to The CFO Survey, a collaboration of Duke University’s Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta. Most CFOs also indicate in the third-quarter survey that their firms are experiencing supply chain... read more The actions that these companies are taking to manage supply chain disruptions are costly and hence increase the pressure on companies to increase prices. John Graham, director for The CFO Survey Duke University's Fuqua School of Business