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To Lure Workers, Companies Are Giving New Employees Their First Weeks Off, Speeding Up Retirement Plan Access—And Piling On The Cash

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In a tight labor market where candidates hold much more power, companies are increasingly pulling out all the stops, trying new time-off programs, investing more in wages and benefits and adding more or bigger sign-on bonuses.

A fast food worker hangs a sign for job openings in Miami, Florida. More companies are adding sign-on bonuses or other creative perks as they continue to struggle to fill jobs.

“Fresh Start” program is, in one sense, a twist on a sign-on bonus—but one that also underscores its commitment to employees’ time.

 

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