May 10, 2021 - Politics & Policy

The latest push for workers: "Return-to-work bonus"

Hiring signs on a lawn at night

A "Now Hiring" sign outside a day care in Georgia. Photo: Elijah Nouvelage/Bloomberg via Getty Images

The latest move to lure would-be employees might be back-to-work cash.

  • Montana will no longer offer the extra $300 in unemployment benefits, but it plans to give a one-time $1,200 bonus for workers who accept a job and complete a month of paid work.
  • Sen. Ben Sasse (R-Neb.) will propose a bill to use boosted unemployment insurance funds for a "two-month signing bonus" for workers hired by July 4. It would pay out slightly more than two months' worth of benefits.

Why it matters: The hope is if (big if) money is keeping workers at home, money can lure them back into the workforce.

  • Politicians and economists are split over whether the generous unemployment that's kept millions afloat is driving worker shortages.

P.S. ... Chipotle will raise wages, debut up to $750 referral bonus to fuel hiring.

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