Pump nozzles in gas station. If employees must spend a bigger percentage of their incomes on gas and food, intangible products, like most employee benefits, may be the first to get axed. (Photo: ©Federico Rostagno/Adobe Stock)

There is a certain advantage to longevity. Specifically, I have been writing this column for almost 20 years. More than 14 years ago, the January 2008 issue contained an article titled "It's tough to compete with the price of gas." When thinking about how to address the issue of inflation facing employers and employees this year, I dug out my copy of this article to see how today's situation compares.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.