Companies offering bonuses, flexibility and other perks to fill positions in competitive labor market

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According to the Labor Department, unemployment claims fell to the lowest level in more than 50 years. Experts say that's good news for applicants. NickJCaloway reports.

"People who are looking for jobs are in control," said David Lewis, who runs OperationsInc, a human resources consulting practice.

Lewis said many companies are offering perks to recruit talent, like flexibility to work from home, higher salaries and sign-on bonuses. "So candidates are benefitting greatly, not just from the opportunity to find this work-life balance and flexibility and work from home," Lewis said,"But they also, if they play their cards right, are coming away with a bonus, not at the end of their first year, but before they even start."There are roughly 11 million job openings in the U.S. right now. So, experts predict this labor shortage could linger into 2023.

 

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