09/25/2026
π° An open position costs more than the wage you're not paying.
https://na2.hubs.ly/H080MKT0
π Lost production.
β±οΈ Overtime.
π₯ Increased pressure on existing employees.
π― Missed targets.
π And potentially more turnover.
That's why employers shouldn't evaluate hourly wages in isolation.
If increasing a starting wage by a few dollars helps attract and retain the workers you need, the higher wage may actually be the lower-cost decision.
Our latest article looks at the economics of an unfilled position, including:
π How to compare higher wages against the cost of vacancies
π΅ Resources for researching competitive local wages
π Factors beyond the market average that affect recruiting
π€ What your staffing partner should be telling you about the labor market
Before asking, "Can we afford to pay more?" it may be worth asking:
π‘ "What is it costing us not to fill the position?"
π Read the article:
https://na2.hubs.ly/H080MKT0