Using Bonuses To Attract New Workers
The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 

Economy, Strategy & Finance Center

Help Wanted OnLine®

Subscribe

Using Bonuses To Attract New Workers

September 14, 2021 | Chart

Traditional labor market data indicates that labor shortages are more severe for jobs that do not require a bachelor’s degree. In partnership with Emsi Burning Glass, analyses of online job postings present a real-time view into how employers are reacting to shifts in the labor market and the ways in which they are working to combat the labor shortage.

Shown in the chart below, the share of online job postings mentioning a starting bonus or sign-on bonus has increased significantly in 2021, especially for sub-BA occupations. Between June 2020 and June 2021, the share has doubled for occupations that require less than a bachelor’s degree. Employers are likely to continue to offer incentives to widen the pool of available workers in the coming months.

A sharp increase in starting bonuses offered in sub-BA occupations.


Experts / Authors

Related Content

Connect and be informed about this topic through webcasts, virtual events and conferences

Press Releases / In the News

PRESS RELEASE

Online Labor Demand Increases in August

September 18, 2024

PRESS RELEASE

Online Labor Demand Increases in July

August 16, 2024

PRESS RELEASE

Online Labor Demand Rises Slightly in June

July 10, 2024

PRESS RELEASE

Online Labor Demand Rises in May

June 12, 2024

PRESS RELEASE

Online Labor Demand Rises in March

April 10, 2024

PRESS RELEASE

Online Labor Demand Rises in February

March 13, 2024

Data central

Subscribe to Access Data Central & Chart Reports

Your centralized, one-stop portal for accessing and exporting The Conference Board global suite of monthly and quarterly economic data. Get up to speed on critical trends—anytime, anywhere—with customizable real-time datasets.

Economic Indicator Calendar

All release times displayed are Eastern Time

Explore More on this Topic


Publications

Growing Job Titles

Growing Job Titles

January 21, 2022 | Chart

Using Bonuses To Attract New Workers

Using Bonuses To Attract New Workers

September 14, 2021 | Chart

Growth in Remote Work

Growth in Remote Work

July 02, 2021 | Chart


hubCircleImage