Tag: Consumer Price Inflation (CPI)
Are employers paying salary increases in line with the cost of...
South Africans are getting poorer as wage increases lag behind inflation as the "Great Resignation" trend continues to grip employers. South African employers expect to award wage increases of 4% to 6% in the next 12-month period, which is substantially below the current 7% inflation rate, denting employee disposable income and placing pressure on companies to find new ways to keep staff engaged and retain critical skills.
Post-pandemic inflation: now you see it, now you don’t
Last month, US headline inflation recorded its biggest single jump in 13 years with a 5% gain from May 2020. In the wake of the global pandemic, rising vehicle prices, flight tickets, car insurance and hotels reflect a recovery in travel and higher oil prices.