Dave Petratis boosted wages for his U.S. factory workforce in December—six months ahead of schedule for normal annual increases. It wasn’t enough. The CEO of Allegion PLC, a maker of locks and security doors with 10 factories dotted across the country—including a lock factory in the appropriately named town of Security, Colorado—said ‘we’ve got our finger on the trigger” for another pay hike in coming months. The multiple increases are necessary amid a fight for talent that has become a central feature of the supply chain crisis, Petratis told Reuters. “When labor becomes a problem in the middle of something like this—it creates a lot of disruption,” he said, adding that it’s not just the companies that supply him with parts like metal castings that can’t find enough workers to fill all the orders. “It’s truck drivers, it’s people leaving the workforce to retire with heavy experience.” Surging prices for …