Nick Novak Details Survey Data Showing 8 in 10 Businesses Boosting Wages by Over 3% on Madison’s WKOW-TV

MADISON – Companies across the country have been struggling to hire workers for months.

A survey from Wisconsin Manufacturers and Commerce (WMC) found that 48% of businesses in the state are planning to raise wages by 3% to 4% in 2022. Another 34% of businesses plan to boost pay by more than 4%.

In total, just 3% of respondents told WMC they had no plans to increase employee wages.

“We’re seeing wages increase at a rate that we never have here in Wisconsin,” Nick Novak, a spokesperson for WMC, said.

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