The vacation rental company increased its minimum wage on April 24, affecting a quarter of its 1,000 employees.
“One of the biggest challenges in the vacation rental industry is recruiting and retaining talented employees, especially in many of the small markets we operate in,” said co-founder and CEO Eric Breon in a written statement.
“As opposed to competitors that don’t employ field staff or that use contractors, Vacasa has always taken pride in hiring and fairly compensating qualified local candidates.”
(READ MORE: Portland Business Journal)
Vacasa acquired Discover Sunriver rental company recently, which doubled its presence to 212 properties in the area.