/Some Jobs are Offering Sign-On Bonuses of up to $100,000 Amid Shortage of Candidates

Some Jobs are Offering Sign-On Bonuses of up to $100,000 Amid Shortage of Candidates

A shortage of talent has pushed companies to offer sign-on bonuses of up to $100,000 for some high-end speciality jobs, an analysis of job advertisements from 4,000 of the world’s largest companies concluded.

Sign-on bonus have increased across all sectors by 454%, rising to 57,123 advertised positions in August 2021 from 10,312 in August 2020, according to research released Tuesday by GlobalData DATA, , an analytics company.

The amount of job openings hit 10.9 million in July from a revised 10.2 million in June, the Labor Department said Wednesday, the fifth straight record high. A survey of economists by the Wall Street Journal had expected 10.2 million.

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