Across America, millions of workers have been able to secure better wages and benefits, thanks to labor shortages and high levels of consumer demand. Of course, rampant inflation has eaten into those salary gains, but overall, the position of the worker in the U.S. is very strong.
Of course, there are segments of our economy struggling to keep pace with higher wages. One example is workers employed by companies that have federal contracts to perform services for the government. These services include essential operations like housekeeping for federal buildings. The industry is struggling to keep up with current salary and benefits requirements, because the methods of determining the salaries and benefits for those employees were set in the agreements inked years ago – before the labor shortages, high inflation, and increased wages that we face today.
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