When asked why they believed more employees were packing up and leaving, 64% admitted their staff were looking for higher salaries.
Despite more than half acknowledging that their employees are after higher pay, less than 40% planned to boost wages as part of efforts to mitigate the problem.
Almost a quarter said they have not adjusted their employees’ wages while just over 30% said they increased them by one to three per cent.
The rest increased wages by over four per cent.
Almost half (45%) of the respondents said they plan to handle the issue by “developing existing workforce”.
On the type of workers that business owners are struggling to find, more than 40% said skilled workers were the toughest to engage.
RE/MAX Malta has held the first event under its new Golden Circle initiative, which recognises and rewards the achievements of the real estate brand’s all
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The Malta Chamber | VISTAGE
The Malta Chamber of Commerce, Enterprise and Industry, in collaboration with VISTAGE Malta has launched the first edition of the international Confidence Index for businesses.
The Confidence Index for businesses is a benchmarking exercise which is being introduced to Malta for the first time by VISTAGE Malta.
Addressing a press conference, President Perit David Xuereb said that the Malta Chamber’s drive to play a leadership role in the country’s economic growth, did not stop at proposing policy in favour of business. The President explained how the Chamber also aspired to provide businesses with the necessary tools to predict economic trends and derive insights that aid decision making.
More than half of businesses believe their company will register some recovery in the next six months, a newly-published Confidence Index has revealed. 
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