Iselin-based Provident Bank is out with the results of its 2022 National Labor/Staffing Shortage Survey, which comes at a critical time as businesses face a number of challenges, especially on the hiring front.
The findings, released Oct. 20, reflect feedback from 1,000 hiring managers and department heads, small business owners, recruitment and talent acquisition specialists, and compensation and business managers to determine how businesses are dealing with the consequences of the labor shortage.
The topline and most notable figure shows that nearly 75% of American businesses have been affected by the staffing shortage, as companies big and small struggle to attract and retain talent in a very tight labor market. Read more from NJ Biz.