Employee Retention: 5 Novel StrategiesComp&Ben
The April data releases across the globe point to the soaring inflation as one of the most pressing current economic problems worldwide. Consumer Price Index for EU 27 countries has been consequently rising in recent months to 7.8% as of April 31st, with some of the members reaching as much as 15% year to year pace.
Federal data from the US point to a whopping 8.26% - levels unseen since the 1980s. The United Kingdom at 7% this month is facing the highest inflation in 30 years. Not to mention other parts of the world with some of the G20 countries like Turkey and Argentina already passed the dangerous levels with 70% and 55% respectively.