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Employee attrition: how to combat in times of inflation?

Employee attrition: how to combat in times of inflation?

Comp&BenAneta Samkoff

The difficult times are not over yet, at least for businesses. First, companies that survived the Covid-19 pandemic, lost revenue. Then the wave of massive quits informally labeled the Great Resignation has left many grappling with employee attrition. As firms struggle to find new employees for unfilled positions while keeping the remaining employees satisfied, rising inflation is now another element they need to deal with. And that’s especially difficult since the other problems did not go away.

Executive Compensation: How to Start with Performance Metrics?

Executive Compensation: How to Start with Performance Metrics?

Comp&BenAneta Samkoff

Despite the fact that the last five years have challenged the global markets to deal with such unexpected events as the Covid-19 pandemic, the war in Ukraine, the Great Resignation, and not to mention tax and accounting law reforms across the US and the EU, turning the operational strategies of most companies upside down, the performance-based long-term incentive grant prevalence has never been more stable.

Employee Retention: 5 Novel Strategies

Employee Retention: 5 Novel Strategies

Comp&BenAneta Samkoff

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 point to a whopping 8.26% - levels unseen since the 1980s. The 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 already passed the dangerous levels with 70% and 55% respectively.

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Bartek Podolski