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Companies Use Overtime to Solve Worker Shortages. That May Cost Them More Workers.
Companies that can’t fill their many openings are relying on existing workers to stay late, come in early and pick up extra shifts to keep operations running. That’s making the nation’s current labor shortage even more challenging to solve.
Overtime means bigger paychecks. But it can also create higher stress and burnout. Employers and researchers say the demands for extra time are contributing to a broad wave of resignations sweeping across the country as more U.S. workers quit their jobs than at any time in the last two decades. That, in turn, places even more pressure on remaining employees.