{"id":3900,"date":"2022-05-12T07:46:09","date_gmt":"2022-05-12T12:46:09","guid":{"rendered":"https:\/\/www.employco.com\/blog\/?p=3900"},"modified":"2022-05-12T07:46:09","modified_gmt":"2022-05-12T12:46:09","slug":"the-effect-of-inflation-on-your-employees","status":"publish","type":"post","link":"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/","title":{"rendered":"The Effect of Inflation on Your Employees"},"content":{"rendered":"

\"Inflation\"<\/p>\n

Inflation affects us all in various ways, including higher prices at the gas pump and increased prices on everything from rent to groceries and utilities. One of the critical effects of inflation that significantly impacts businesses is how it affects your employees\u2019 bottom line. Inflation has a direct effect on everyone\u2019s purchasing power, and that has a direct impact on the value of your employees\u2019 compensation packages.\u00a0<\/span><\/p>\n

Current wages have less value
\n<\/b>Inflation has a direct impact on the value of your compensation packages. Inflation lowers the value of a raise or compensation package. With prices up 7.9% to 8.4%, the typical annual raise of 3%-4% is not enough to counteract the effect of inflation on the overall cost of living. It means that your compensation has less value and can leave your employees in the negative financially because their current wage may not be enough to cover their expenses.<\/span><\/p>\n

<\/p>\n

Retaining talent is a challenge
\n<\/b>With your compensation value translating to less during a period of inflation and increased cost of living, it can also diminish your ability to attract and retain talent. Your employees may be looking for a new job with higher compensation. They may be asking for more frequent wage increases or a higher increase overall than in times with little to no inflation. To be competitive in the job market, businesses will need to look at other options, including more competitive wages or other desirable benefits that have lower costs, such as flexible scheduling or the ability to work remotely.\u00a0\u00a0<\/span><\/p>\n

Your compensation package is more critical than ever
\n<\/b>With the diminished value of wages during a period of inflation, your overall compensation package becomes even more critical. Maintaining your other benefits, such as health insurance and retirement savings, can be a good strategy during periods of diminished wage value for your employees, allowing them to enjoy the same benefits even if their wage is worth less. Adding additional voluntary benefits, such as health and wellness or financial packages, to the compensation package you offer can be another way to increase the overall value of your compensation package without incurring many additional costs.\u00a0\u00a0<\/span><\/p>\n

Inflation requires businesses to spend more on wages, offer better benefits, or change the way they work. If they don\u2019t, employees may start looking for a better offer elsewhere. Outsourcing your HR or other activities to become part of a larger purchasing and negotiating group is a good strategy for remaining competitive during periods of high inflation. Contact us<\/a> to learn more about how Employco can help you achieve greater control over employee costs, streamline your internal operations, and remain competitive. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Inflation affects us all in various ways, including higher prices at the gas pump and increased prices on everything from rent to groceries and utilities. One of the critical effects of inflation that significantly impacts businesses is how it affects… <\/p>\n

Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-3900","post","type-post","status-publish","format-standard","hentry","category-employee-benefits","category-hr-solutions"],"featured_image_src":null,"author_info":{"display_name":"Employco USA","author_link":"https:\/\/www.employco.com\/blog\/author\/employcousa\/"},"yoast_head":"\r\nThe Effect of Inflation on Your Employees - Employco Blog<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"The Effect of Inflation on Your Employees - Employco Blog\" \/>\r\n<meta property=\"og:description\" content=\"Inflation affects us all in various ways, including higher prices at the gas pump and increased prices on everything from rent to groceries and utilities. One of the critical effects of inflation that significantly impacts businesses is how it affects… Continue reading →\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Employco Blog\" \/>\r\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Employco\" \/>\r\n<meta property=\"article:published_time\" content=\"2022-05-12T12:46:09+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/www.employco.com\/images\/blog\/Blog_Inflation.jpg\" \/>\r\n<meta name=\"author\" content=\"Employco USA\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:creator\" content=\"@employco\" \/>\r\n<meta name=\"twitter:site\" content=\"@employco\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Employco USA\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/\"},\"author\":{\"name\":\"Employco USA\",\"@id\":\"https:\/\/www.employco.com\/blog\/#\/schema\/person\/9c5a99be12eccf56ad10d0301c213414\"},\"headline\":\"The Effect of Inflation on Your Employees\",\"datePublished\":\"2022-05-12T12:46:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/\"},\"wordCount\":444,\"image\":{\"@id\":\"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.employco.com\/images\/blog\/Blog_Inflation.jpg\",\"articleSection\":[\"Employee Benefits\",\"HR Solutions\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/\",\"url\":\"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/\",\"name\":\"The Effect of Inflation on Your Employees - Employco Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.employco.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.employco.com\/images\/blog\/Blog_Inflation.jpg\",\"datePublished\":\"2022-05-12T12:46:09+00:00\",\"author\":{\"@id\":\"https:\/\/www.employco.com\/blog\/#\/schema\/person\/9c5a99be12eccf56ad10d0301c213414\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/#primaryimage\",\"url\":\"https:\/\/www.employco.com\/images\/blog\/Blog_Inflation.jpg\",\"contentUrl\":\"https:\/\/www.employco.com\/images\/blog\/Blog_Inflation.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.employco.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Effect of Inflation on Your Employees\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.employco.com\/blog\/#website\",\"url\":\"https:\/\/www.employco.com\/blog\/\",\"name\":\"Employco Blog\",\"description\":\"HR Articles and Insights from Industry Experts\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.employco.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.employco.com\/blog\/#\/schema\/person\/9c5a99be12eccf56ad10d0301c213414\",\"name\":\"Employco USA\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/0c4c602d090e626d6916b1d7609bce179c1642b2ec4e8ebc9ed21a976d37a043?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0c4c602d090e626d6916b1d7609bce179c1642b2ec4e8ebc9ed21a976d37a043?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0c4c602d090e626d6916b1d7609bce179c1642b2ec4e8ebc9ed21a976d37a043?s=96&d=mm&r=g\",\"caption\":\"Employco USA\"},\"sameAs\":[\"https:\/\/www.employco.com\"]}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Effect of Inflation on Your Employees - Employco Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/","og_locale":"en_US","og_type":"article","og_title":"The Effect of Inflation on Your Employees - Employco Blog","og_description":"Inflation affects us all in various ways, including higher prices at the gas pump and increased prices on everything from rent to groceries and utilities. One of the critical effects of inflation that significantly impacts businesses is how it affects… Continue reading →","og_url":"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/","og_site_name":"Employco Blog","article_publisher":"https:\/\/www.facebook.com\/Employco","article_published_time":"2022-05-12T12:46:09+00:00","og_image":[{"url":"https:\/\/www.employco.com\/images\/blog\/Blog_Inflation.jpg","type":"","width":"","height":""}],"author":"Employco USA","twitter_card":"summary_large_image","twitter_creator":"@employco","twitter_site":"@employco","twitter_misc":{"Written by":"Employco USA","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/#article","isPartOf":{"@id":"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/"},"author":{"name":"Employco USA","@id":"https:\/\/www.employco.com\/blog\/#\/schema\/person\/9c5a99be12eccf56ad10d0301c213414"},"headline":"The Effect of Inflation on Your Employees","datePublished":"2022-05-12T12:46:09+00:00","mainEntityOfPage":{"@id":"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/"},"wordCount":444,"image":{"@id":"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/#primaryimage"},"thumbnailUrl":"https:\/\/www.employco.com\/images\/blog\/Blog_Inflation.jpg","articleSection":["Employee Benefits","HR Solutions"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/","url":"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/","name":"The Effect of Inflation on Your Employees - Employco Blog","isPartOf":{"@id":"https:\/\/www.employco.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/#primaryimage"},"image":{"@id":"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/#primaryimage"},"thumbnailUrl":"https:\/\/www.employco.com\/images\/blog\/Blog_Inflation.jpg","datePublished":"2022-05-12T12:46:09+00:00","author":{"@id":"https:\/\/www.employco.com\/blog\/#\/schema\/person\/9c5a99be12eccf56ad10d0301c213414"},"breadcrumb":{"@id":"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/#primaryimage","url":"https:\/\/www.employco.com\/images\/blog\/Blog_Inflation.jpg","contentUrl":"https:\/\/www.employco.com\/images\/blog\/Blog_Inflation.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.employco.com\/blog\/2022\/05\/12\/the-effect-of-inflation-on-your-employees\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.employco.com\/blog\/"},{"@type":"ListItem","position":2,"name":"The Effect of Inflation on Your Employees"}]},{"@type":"WebSite","@id":"https:\/\/www.employco.com\/blog\/#website","url":"https:\/\/www.employco.com\/blog\/","name":"Employco Blog","description":"HR Articles and Insights from Industry Experts","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.employco.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.employco.com\/blog\/#\/schema\/person\/9c5a99be12eccf56ad10d0301c213414","name":"Employco USA","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/0c4c602d090e626d6916b1d7609bce179c1642b2ec4e8ebc9ed21a976d37a043?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/0c4c602d090e626d6916b1d7609bce179c1642b2ec4e8ebc9ed21a976d37a043?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0c4c602d090e626d6916b1d7609bce179c1642b2ec4e8ebc9ed21a976d37a043?s=96&d=mm&r=g","caption":"Employco USA"},"sameAs":["https:\/\/www.employco.com"]}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8DEq0-10U","jetpack-related-posts":[{"id":3933,"url":"https:\/\/www.employco.com\/blog\/2022\/05\/23\/inflations-effects-on-wages-and-benefits\/","url_meta":{"origin":3900,"position":0},"title":"Inflation\u2019s Effects on Wages and Benefits","author":"Employco USA","date":"May 23, 2022","format":false,"excerpt":"With inflation at a 40-year high, businesses are seeing inflation erode their purchasing power, adding to the higher prices already created by supply shortages. Companies are also experiencing inflation\u2019s effects on wages and benefits, which affects their ability to compete and negotiate with existing and potential employees. With the \u201cgreat\u2026","rel":"","context":"In "HR Solutions"","block_context":{"text":"HR Solutions","link":"https:\/\/www.employco.com\/blog\/category\/hr-solutions\/"},"img":{"alt_text":"Rising Inflation","src":"https:\/\/i0.wp.com\/www.employco.com\/images\/blog\/Blog_Inflation-Rising.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.employco.com\/images\/blog\/Blog_Inflation-Rising.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.employco.com\/images\/blog\/Blog_Inflation-Rising.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.employco.com\/images\/blog\/Blog_Inflation-Rising.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.employco.com\/images\/blog\/Blog_Inflation-Rising.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":4140,"url":"https:\/\/www.employco.com\/blog\/2022\/08\/15\/hr-newsletter-how-employers-are-responding-to-record-high-inflation\/","url_meta":{"origin":3900,"position":1},"title":"HR Newsletter: How Employers Are Responding to Record-High Inflation","author":"Employco USA","date":"August 15, 2022","format":false,"excerpt":"The U.S. inflation rate has increased by 9.1% year over year, according to the Bureau of Labor Statistics (BLS). The BLS also reported that this is the highest the inflation rate has been since 1981. This has led to significant price increases across many consumer goods, and employers are responding\u2026","rel":"","context":"In "HR Newsletter"","block_context":{"text":"HR Newsletter","link":"https:\/\/www.employco.com\/blog\/category\/employco-in-the-news\/hr-newsletter\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5899,"url":"https:\/\/www.employco.com\/blog\/2025\/08\/19\/hr-newsletter-employers-planning-for-3-5-wage-increase-in-2026\/","url_meta":{"origin":3900,"position":2},"title":"HR Newsletter: Employers Planning for 3.5% Wage Increase in 2026","author":"Employco USA","date":"August 19, 2025","format":false,"excerpt":"U.S. employers are forecasting average wage increases of 3.5% in 2026, consistent with 2025 levels. A recent survey, which polled over 1,500 employers in the United States, showed that 53% plan no change to their salary increase budgets, while 31% expect to reduce them. Only 15% anticipate budget increases, signaling\u2026","rel":"","context":"In "HR Newsletter"","block_context":{"text":"HR Newsletter","link":"https:\/\/www.employco.com\/blog\/category\/employco-in-the-news\/hr-newsletter\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4221,"url":"https:\/\/www.employco.com\/blog\/2022\/09\/14\/hr-newsletter-2022-second-half-hr-trends-to-monitor\/","url_meta":{"origin":3900,"position":3},"title":"HR Newsletter: 2022 Second Half HR Trends to Monitor","author":"Employco USA","date":"September 14, 2022","format":false,"excerpt":"Over the course of the COVID-19 pandemic, HR professionals have faced many challenges, including the health impacts of COVID-19 on workers and ongoing attraction and retention challenges. Here are some trends to monitor for the remainder of 2022. High Inflation Rates - According to the Bureau of Labor Statistics\u2019 June\u2026","rel":"","context":"In "HR Newsletter"","block_context":{"text":"HR Newsletter","link":"https:\/\/www.employco.com\/blog\/category\/employco-in-the-news\/hr-newsletter\/"},"img":{"alt_text":"HR Trends","src":"https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/January2022_HR-Trends.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/January2022_HR-Trends.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/January2022_HR-Trends.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/January2022_HR-Trends.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/January2022_HR-Trends.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":4062,"url":"https:\/\/www.employco.com\/blog\/2022\/07\/05\/the-value-of-voluntary-benefits-in-a-recession\/","url_meta":{"origin":3900,"position":4},"title":"The Value of Voluntary Benefits in a Recession","author":"Employco USA","date":"July 5, 2022","format":false,"excerpt":"Inflation is rising, and the fear of a recession is growing. A Bloomberg survey predicts a 30% chance of a recession occurring in the next year. Rising interest rates and a recession on the horizon are impacting everyone\u2019s financials, and everyone is looking for ways to cut operating costs. Recessions\u2026","rel":"","context":"In "Employee Benefits"","block_context":{"text":"Employee Benefits","link":"https:\/\/www.employco.com\/blog\/category\/employee-benefits\/"},"img":{"alt_text":"The Value of Voluntary Benefits in a Recession","src":"https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/August2021_Benefits.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/August2021_Benefits.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/August2021_Benefits.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/August2021_Benefits.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/August2021_Benefits.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":4370,"url":"https:\/\/www.employco.com\/blog\/2022\/12\/14\/hr-newsletter-3-hr-trends-to-monitor-in-2023\/","url_meta":{"origin":3900,"position":5},"title":"HR Newsletter: 3 HR Trends to Monitor in 2023","author":"Employco USA","date":"December 14, 2022","format":false,"excerpt":"Employment and labor responsibilities continue to be reimagined, and employers should expect changes to continue in the new year. Here are three HR trends to follow in 2023: Increased Wages - There are more open jobs than people to fill them, and high inflation rates are impacting employees\u2019 pay expectations.\u2026","rel":"","context":"In "HR Newsletter"","block_context":{"text":"HR Newsletter","link":"https:\/\/www.employco.com\/blog\/category\/employco-in-the-news\/hr-newsletter\/"},"img":{"alt_text":"HR Newsletter: 3 HR Trends to Monitor in 2023","src":"https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/December2022_HR-Trends.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/December2022_HR-Trends.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/December2022_HR-Trends.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/December2022_HR-Trends.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/December2022_HR-Trends.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/www.employco.com\/images\/newsletter\/HR\/Blog\/December2022_HR-Trends.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/posts\/3900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/comments?post=3900"}],"version-history":[{"count":1,"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/posts\/3900\/revisions"}],"predecessor-version":[{"id":3901,"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/posts\/3900\/revisions\/3901"}],"wp:attachment":[{"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/media?parent=3900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/categories?post=3900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.employco.com\/blog\/wp-json\/wp\/v2\/tags?post=3900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}