woman touching checkbox by happy face Reassuring employees during uncertain times and delivering the benefits they value most can boost morale and increase employee satisfaction. (Photo: Shutterstock)

Economic uncertainty is nothing new, but what we’re experiencing now is unusual. The U.S. is at near full employment and wages are high, but due to the lingering effects of the pandemic, geopolitical factors, and high inflation, organizations and employees alike are watching their budgets. Employers have to navigate the labor supply and demand imbalance while keeping an eye on the bottom line.

Related: Employers rethinking compensation, reward programs as competition for talent continues

 

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