Start Your FREE Membership NOW
 Discover Proven Ways to Be a Better Law Office Manager
 Get Our Daily eNewsletter, Law Office Manager Bulletin,
    and MUCH MORE
 Absolutely NO Risk or Obligation on Your Part -- It's FREE!
EMAIL ADDRESS



Upgrade to Premium Membership NOW for Just $90!
Get 3 Months of Full Premium Membership Access
Includes Our Monthly Newsletter, Office Toolbox, Policy Center, and Archives
And MUCH MORE!
MANAGING STAFF

Inflation’s impact on employees and the workplace

By Lynne Curry What keeps your employees and coworkers up at night, and what does it mean to you as their employer or colleague? According to the U.S. 2022 Inside Employees’ Minds Report conducted by the HR consulting firm Mercer, which surveyed 4049 employees between Aug. 26 and Sept. 9, 2022, it’s financial worries, https://www.mercer.us/content/dam/mercer/attachments/private/us-2022-inside-employees-minds-report.pdf. The number one issue for many employees in 2022—can they cover monthly expenses given skyrocketing inflation—ranked only ranked ninth in 2021. As no surprise, employee satisfaction with their employers has declined markedly from last year in the areas of compensation and benefits. Further, two years of continued crises—the pandemic, layoffs and labor shortages, supply chain challenges, political and racial polarization, the war in Ukraine, and the looming recession—have changed how employees view work. Employees who once… . . . read more

HUMAN RESOURCES

5 ways to help your staff cope with inflation

By Paul Edwards CEO, CEDR  Solutions Inflation is on everyone’s minds right now, and understandably so. Most Americans are aware that the purchasing power of a dollar is always decreasing to some degree, but rarely does the rise in the cost of living have such a powerful impact on our daily lives or feature so prominently in the public discourse. As you may already know, financial pressure on American consumers reached an all-time high this year. Based on The Consumer Price Index—the best-known indicator of inflation—inflation rose to 8.6 percent in the 12 months ending in May 2022, marking the most extreme spike in that figure in over 40 years. The Impact of Inflation on You and Your Team Employees are justifiably concerned by this sudden and dramatic hike in the cost… . . . read more


(-0)