X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
People demonstrate for a higher minimum wage in Los Angeles. | AP Photo

Employers who complain about a shortage of suitable job candidates but have not raised wages to woo them are “whining,” according to a Federal Reserve official. 

HR Dive reports that Neel Kashkaria, president of the Federal Reserve Bank of Minneapolis, was not sympathetic to employers at a Sioux Falls, South Dakota, Rotary Club meeting. Instead, the report says he told them, “If you’re not raising wages, then it just sounds like whining. Are any of you planning to raise wages in the next year or two? Or are you just complaining about you can’t find workers?” 

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.