Smart Companies Will Increase Workers’ Compensation Due To Runaway Inflation

Norge Nyheter Nyheter

Smart Companies Will Increase Workers’ Compensation Due To Runaway Inflation
Norge Siste Nytt,Norge Overskrifter
  • 📰 Forbes
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 53%

The U.S. is still experiencing the lingering effects of the virus outbreak, worried about the potentially ruinous confluence of inflation, recession, layoffs, the possibility of stagflation— not seen since the 1970s— a bear market in securities, war, and increasing costs.

Companies have options. In addition to raises, businesses can offer bonuses, stock options and other forms of remuneration. In a January 2022 survey conducted by Gartner of 71 companies, around 37% of organizations self-reported that they are planning to consider inflation with. Unfortunately, only 13% intended to raise the compensation for all employees, due to rising inflation. Since that time, inflation has continued to rapidly increase.

of 4% or more this year, and a plurality of organizations are growing their salary merit-increase budgets by 5% or more." While it's good to see that action is being taken, the single-digit increases may not be sufficient.By now, it should be glaringly obvious to business leaders that inflation is taking a big bite out of their employees’ paychecks. For many people, it feels that they are earning less money, as the dollar is devalued and losing its purchasing power.

If a person is allowed to work remotely, they won’t have to commute, which will cut down on costly gasoline consumption. If they take mass transit, which is expensive, there will be a reprieve on those expenses as well.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

Forbes /  🏆 394. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Save up to 40 percent on smart TVs and more during Samsung's Memorial Day SaleSave up to 40 percent on smart TVs and more during Samsung's Memorial Day SaleUpgrade your home theater, kitchen, and more with these deep discounts.
Les mer »

Oura Released A Stunning Smart Ring: The $950 Gucci X Oura RingOura Released A Stunning Smart Ring: The $950 Gucci X Oura RingFancy a smart ring with 18ct gold in it? Look no further. And, actually, it's way better value than it sounds.
Les mer »

Comcast received a patent for this smart speaker design, but will it ever be released?Comcast received a patent for this smart speaker design, but will it ever be released?The device could have a sloped top and wide base.
Les mer »

Jean Smart and Hannah Einbinder on the Joys (and the Jokes) of ‘Hacks’Jean Smart and Hannah Einbinder on the Joys (and the Jokes) of ‘Hacks’Following their return for the second season of the Emmy-winning comedy series, the costars discuss their powerful bond and shared sense of pitch-black humor.
Les mer »

A beginner’s guide to the BNB Chain: The evolution of the Binance Smart ChainA beginner’s guide to the BNB Chain: The evolution of the Binance Smart ChainDid you know BNB is an abbreviation for 'Build' N Build?' We put together an ultimate guide for people looking to dive into Binance's layer-1 blockchain.
Les mer »

Netflix’s Ted Sarandos Defends Ricky Gervais, Dave Chappelle: ‘Nobody Would Say That What He Does Isn’t Thoughtful or Smart’Netflix’s Ted Sarandos Defends Ricky Gervais, Dave Chappelle: ‘Nobody Would Say That What He Does Isn’t Thoughtful or Smart’Ted Sarandos comments on Netflix being hailed by conservative outlets for streaming specials criticized for transphobic language: 'It used to be a very liberal issue, so it’s an interesting time that we live in.'
Les mer »



Render Time: 2025-03-22 05:19:02