Economics

Hiring Bonuses Catch On in U.S. Race to Add Workers, Indeed Says

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U.S. businesses are increasingly offering incentives like cash hiring bonuses as they compete to add workers in a rapidly rebounding economy, according to data from jobseeker firm Indeed.

In the week ending June 28, 4.2% of Indeed job postings offered some kind of incentive beyond basic pay and benefits. That’s more than double the share at the same time last year.