People Management | Inflation Resource Center

From recruiting, attraction and retention to concerns about employee wellbeing, both financial and mental, inflation is presenting employers with new challenges when it comes to their most valuable asset — their people.

So, what can employers do to meet a multitude of conflicting needs during a time of uncertainty? Check out our latest people management insights to find out.

People Management Articles

September 13, 2022The How, When & Why of Temporary Employees: Interim Talent & Your Accounting Backlog or Wish List

Hiring temporary workers in a competitive and uncertain labor market can be a great strategy. Use these tips to see if interim talent fits your org's goals.

February 22, 2023What is Employee Engagement?

Employee engagement is a critical lever for business success. Improve your understanding of employee engagement and how to move the needle.

If we’re still in the middle of a talent crunch, what can financial leaders do to meet their staffing needs during a time of uncertainty? What do recession worries mean for hiring?

Boomerang employees are on the rise. But is rehiring a former employee a risky move? Here’s why you shouldn’t overlook this talent pool and how to embrace ex-employees who want to come back.

The Great Resignation, the Great Rehire, the Great Reshuffle and, more recently, “quiet quitting” and “quick quitting” . . . it’s a dizzying employment market! As recessionary fears loom, it’s vital for organizations to understand and tackle these talent concerns.

February 20, 20233 Strategies to Overcome Quiet Quitting

The term “quiet quitting” went viral in 2022. After three tumultuous years of lockdowns, increasing employee burnout and shifting expectations for work-life balance, the phrase resonates with employees and employers alike. Quiet quitting sparks passionate reactions and prompts employers to seek fresh solutions to enhance employee engagement.

A common question we hear from our clients these days is why salary expectations continue to accelerate despite rising economic inflation. Rent, groceries and gas prices are skyrocketing, and workers expect their employers to raise salaries accordingly.

Most employees experience varying levels of stress throughout their career; moments of increased anxiety are inevitable. However, the tumultuous nature of the current economic environment has strained employee salaries, significantly exacerbating fears of financial instability. Daily necessities, such as rent and gas, have gone from affordable to prohibitively expensive, and the possibility of a potential recession is becoming increasingly realistic.

Discover how CFOs, HR professionals, and risk managers cancollaborate to enhance operational efficiency, ensure workforce resilience, andunlock cost savings through strategic HRIS systems, engagement, and retentionstrategies.

The Consumer Price Index rose 8.5% year-over-year in March, indicating the largest 12-month increase since 1981, according to the U.S. Bureau of Labor Statistics. As the cost of living continues to grow, your employees’ buying power shrinks, and a slight pay raise amid this period of high inflation is likely to be a drop in the bucket.

People Management On-Demand Webinars

Webinar

March 11, 2022Making Rational Compensation Decisions in a Crazy Labor Market

The combination of high inflation and labor shortages has created a rapidly changing and hyper-competitive talent market. Our webinar will discuss key topics you should consider to succeed.

Webinar

January 23, 2024Conversations: More Than Meets the Eye – A Closer Look at the Global Economy

In this webinar, Anna Rathbun will explore the strengths and weaknesses of the global economy that are not often discussed in the media and shed light on whether or not a soft landing may be a reality in 2024.

Webinar

February 28, 2024Modernize Your Payday with Earned Wage Access

Join us for a live webinar where we explore the attraction and retention benefits of Earned Wage Access for employees.