CFOs blindsided this year by the Great Resignation of workers are responding with a Great Recalibration of wages.
Private sector hourly wages rose 4.8% in November compared with 12 months before, according to the Labor Department. CFOs will crack open company cash boxes even more in 2022, according to business surveys, with pay increases ranging from 3.9% (Conference Board), to 5% (Grant Thornton), to 5.2% (Deloitte). READ MORE