An Ohio Factory’s Test: Will Higher Wages Help More Than They Hurt?

A rubber parts factory in Cleveland was struggling with labor shortages when a PPP loan gave it a chance to raise workers’ pay. So far the experiment has boosted the bottom line.

An Ohio Factory'S Test: Will Higher Wages Help More Than They Hurt?

The Wall Street Journal – by Ruth Simon | Photographs by Dustin Franz for The Wall Street Journal

CLEVELAND—Charlie Braun long wondered whether paying higher wages would ease staffing shortages at his rubber parts factory, or simply push it into financial trouble. The Covid-19 pandemic provided a rare opportunity to experiment.

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