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Inflation Adjustments: Should New Hires Be Paid More Than Existing Employees?

by Steven | Oct 13, 2022 | Uncategorized

Employers are scrambling for top talent in a turbulent market. Recent reports published by Statista Research Department show a sky-high inflation rate of 8.3%, baby boomers retiring in droves, and over 47 million people quitting their jobs. So, are companies doing...

Salary Review in an Inflation Era: Employers Raising Pay to Keep Employees

by Steven | Sep 8, 2022 | Uncategorized

Inflation rates and resignation rates have been high in 2021 and 2022. In fact, both economic factors have been running at levels not seen since the inflation era of the 1970s. Many employers were caught off guard by how many employees began to quit last year,...

How to Align Your Recruiting Budget with a Tight Labor Market

by Steven | Dec 9, 2021 | Uncategorized

    In a previous blog, we examined The Great Resignation and why it’s not only difficult for businesses to hire new workers, but retain the talent that’s currently on staff. Businesses are reeling from the mass, voluntary exodus of workers who are choosing...

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