The survey found that 84% of smaller business leaders said they’re also increasing compensation, while others are offering hiring bonuses, more flexible hours, and remote work options.
FILE - A"HELP WANTED" sign is posted at a storefront on Dec. 20, 2022. December-20-2022 across the U.S. are shifting their focus to areas like hiring and retention in 2023, according to a recent survey of CEOs. of small to midsize businesses found that 60% plan to increase hiring in the year ahead — up from 52% in the prior two quarters — and only 7% plan on reducing headcount.
. "In the new year, we can expect hiring to remain a priority for CEOs, and begin to see some degree of stabilization after the unprecedented turbulence of 2022."have made headlines in recent months, the leaders of smaller businesses appear more reluctant to lay off hard-won new employees, according to Vistage.
"A year ago, 29% of CEOs said they had invested in these programs. Now 39% have made that investment with another 21% planning on creating them," Vistage said in its report of the survey. "A long-game strategy, these programs identify, develop and nurture potential future employees to insure a pipeline of qualified and known workers."
compared with a year earlier, bolstering hopes that inflation’s grip on the economy will continue to ease this year and possibly require less drastic action by the Federal Reserve to control it.Inflation continued to cool in December, the latest sign that painfully high consumer prices are finally beginning to loosen their stranglehold on the U.S. economy. The Labor Department said on Jan.
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