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In this episode, JoDee and Susan discuss strategies for compensation in a rapidly rising inflation rate environment with compensation expert Megan Nail.
- How inflation and compensation increases are related
- How to address employee concerns when their “real wages” are decreasing
- How the compensation market rate for certain jobs tends to vary in a high inflation environment
- Practical tips for compensation planning
- Ways to communicate compensation with employees, especially in these challenging times
- One small step Megan took during her career that boosted her joy at work
Emily is Purple Ink’s Director of Marketing. She enjoys being able to exercise both her creative side and her analytical side, and as a Learner, loves helping to create new services and tactics and discovering the best ways to share them with the community.