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2023 marked an important year for hiring managers, as it brought challenges with labor shortages, looming retirements, and a demand for evolving skills for small to medium sized businesses. But this year, the tide is turning. CEOs of smaller businesses are remaining optimistic about the future of hiring in the coming months due to a more positive economic outlook. In fact, a recent study showed that over half of CEOs at small businesses plan to hire more in 2024, and almost three-quarters intend to maintain or increase employee pay. With this, there are a few factors SMB owners should keep
