How to Keep Employees—and Your Bottom Line—Healthy and Happy During Inflationary Times

[Kathleen Martin]

Inflation is placing increased stress on both businesses and consumers, leaving organizations in a tough bind—how do you balance employees demanding pay increases above historical levels with maintaining enough cash flow and margin to pay higher bills? In this video, Rex Frank, vice president of Academy at Pax8 and an executive council member of CompTIA's Managed Services Community, offers some insights and tips on how to handle increased compensation requests and excessive costs to your business.  Be a great place to work

• Invest in employee benefits and most importantly strong culture

Understand what's impacting margins and how

• Pay
• Billing rate
• Billable utilization
• Flat fee efficiency

Read more: https://connect.comptia.org/blog/how-to-keep-employees-and-your-bottom-line-healthy-and-happy-during-inflationary-times