With a state unemployment rate under 4 percent, Indiana business - WDRB 41 Louisville News

With a state unemployment rate under 4 percent, Indiana businesses are offering workers more perks

Posted: Updated:

SELLERSBURG, Ind. (WDRB) -- The unemployment rate in Indiana is significantly lower than surrounding states, including Kentucky, and that's partly because businesses in southern Indiana are now offering additional perks to compete for workers.  

Neil and Patty's Fireside Bar and Grill in Sellersburg is one business feeling the effects of the low unemployment rate.

“We had to increase our wages in what we are paying people just to be able to stay competitive,” said Caisey Overbey, general manager of the restaurant.

The family-owned business says it is also offering flexible scheduling.

Indiana's unemployment rate is 3.9 percent. That is lower than every neighboring state, including Kentucky, where 5 percent of the population is unemployed.

Wendy Dant Chesser, President of One Southern Indiana, said companies are offering everything from childcare to tuition reimbursement.

“I’d say a lot of employers are being creative, not only in the pay structure, but in things like flexible work schedules, in the benefits programs that they offer,” Dant Chesser said.

The labor participation rate is at historically low levels as fewer people are willing or able to work.

Businesses are also concerned about more people reaching retirement age and finding enough worker to replace them.

Dant Chesser says that can be especially challenging for highly skilled positions.

Copyright 2017 WDRB Media. All rights reserved.

  • Sign Up for WDRB's Sports Newsletter

    * denotes required fields

    Thank you for signing up! You will receive a confirmation email shortly.
Powered by Frankly
All content © Copyright 2000 - 2017 WDRB. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.