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In the middle of inflation, startups cannot afford to cut positives that number most

In the middle of inflation, startups cannot afford to cut positives that number most The global macroeconomic temperature is erratic and inflation is only continuing to rise, with the Federal Reserve recently raising its benchmark interest rate for the fourth time this year. As the market remains unsteady and whispers of a recession prevail, a growing number of startups are tightening their belts. An increasing number of companies are announcing employing freezes, while others have begun layoffs and additional cost-cutting measures. As advisors caution companies to think about ways to reduce expenses, employee advantages seem like an easy target. But decisions made today regarding benefits have long downstream impacts on employees. In a climate like today, it’s even more important for workers to have access to broader financial planning tools to prepare for the future. Financial loans for owner operator truck drivers bad credit fitness professionals like a 401(k) bundle and education loan management are crucial to not only employee satisfaction, but also employees’ mental health. The current market has workers stressed about the state of their finances, with inflation driving up the price of everything from gas to groceries. While the cost of everyday goods is going up, retirement […]

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