Green Tree Risk Partners’ Post

Wages tend to be resistant to change, making it crucial for individuals to advocate for fair compensation, especially amidst inflationary pressures. Even if your employer cites economic conditions as a barrier, consider requesting a raise. The system is often structured to maintain a status quo that may create financial struggles. #inflation #poor

#ICYMI 📰🐌In the final three months of 2023, pay and benefits of American workers grew at their slowest pace in two and a half years. James Knightley, chief international economist for European bank ING, notes that the data may not be great for paychecks, but it could be positive news for inflation and interest rate cuts by Federal Reserve policymakers. From CPA Practice Advisor: “While Fed officials have signaled they will lower their benchmark rate this year, they haven’t signaled when they will begin, a decision eagerly awaited by Wall Street investors and many businesses. The slowing wage gains could make the Fed more comfortable cutting its rate as early as March, economists said. Still, most analysts expect the first cut will occur in May or June.” Read the full article here: https://lnkd.in/g7HAa5V8 #CPA #Accountant #TaxPros #Tax #Taxes #Accounting #Accountancy #Bookkeeping #Finance #Advisory #Pay #Benefits #Policy #Economist #FederalReserve

Inflation doesn’t discriminate. From 2020 until now, overall costs have surged as much as 54%. That INCLUDES a 32% increase in the price of staples like gas, milk and eggs! As employers, we understand the pressure this puts on both businesses and employees alike.  So how can companies navigate these challenges without resorting to wage increases? It’s time to get creative with compensation strategies that go beyond a paycheck. Here are a few things you can offer as an employer! When you embrace creative compensation solutions like these, you can demonstrate your commitment to supporting employees through challenging times and ensure your workforce remains happy, engaged, and financially secure. Want more creative compensation ideas? Visit our Access Perks blog: https://lnkd.in/g-nDF2kJ. #AccessPerks #Inflation #HumanResources #HRCommunity #EmployeeDiscountProgram

We all feel it. INFLATION. So how can small business owners get through it? How do we do it in a way that keeps our team employed and thriving. We have some tips on our blog: https://bit.ly/4dZxkR2 #SmallBusiness #Inflation #ClarityCares #Economy

We all feel it. INFLATION. So how can small business owners get through it? How do we do it in a way that keeps our team employed and thriving. We have some tips on our blog: https://lnkd.in/gAea27aY #SmallBusiness #Inflation #ClarityCares #Economy

𝗨𝗦 𝗟𝗔𝗕𝗢𝗥 𝗠𝗔𝗥𝗞𝗘𝗧 𝗥𝗘𝗩𝗜𝗦𝗘𝗗 𝗗𝗢𝗪𝗡𝗪𝗔𝗥𝗗 𝗕𝗬 𝟴𝟭𝟴𝗞 𝗝𝗢𝗕𝗦 🔹 𝗦𝗶𝗴𝗻𝗶𝗳𝗶𝗰𝗮𝗻𝘁 𝗝𝗼𝗯 𝗥𝗲𝘃𝗶𝘀𝗶𝗼𝗻: The Bureau of Labor Statistics has revised US employment figures, revealing 818,000 fewer jobs than previously reported as of March 2024. This substantial downward adjustment suggests that the labor market may have been cooling for longer than initially understood. This downward adjustment aligns with expectations from major institutions like Goldman Sachs, which had anticipated a revision as large as 1 million jobs, and J.P. Morgan, which projected a 360,000 decline. 🔹 𝗜𝗺𝗽𝗮𝗰𝘁 𝗼𝗻 𝗙𝗲𝗱𝗲𝗿𝗮𝗹 𝗥𝗲𝘀𝗲𝗿𝘃𝗲 𝗗𝗲𝗰𝗶𝘀𝗶𝗼𝗻𝘀: With job growth weaker than expected, the Federal Reserve faces increased pressure to adjust its monetary policy. 𝗔 𝗹𝗮𝗿𝗴𝗲𝗿-𝘁𝗵𝗮𝗻-𝗮𝗻𝘁𝗶𝗰𝗶𝗽𝗮𝘁𝗲𝗱 𝗿𝗲𝘃𝗶𝘀𝗶𝗼𝗻 𝗵𝗲𝗶𝗴𝗵𝘁𝗲𝗻𝘀 𝘁𝗵𝗲 𝗼𝗱𝗱𝘀 𝗼𝗳 𝗮 𝟱𝟬𝗯𝗽𝘀 𝗿𝗮𝘁𝗲 𝗵𝗶𝗸𝗲, 𝘄𝗵𝗶𝗰𝗵 𝗰𝗼𝘂𝗹𝗱 𝗳𝘂𝗿𝘁𝗵𝗲𝗿 𝘂𝗻𝘀𝗲𝘁𝘁𝗹𝗲 𝗲𝗾𝘂𝗶𝘁𝘆 𝗺𝗮𝗿𝗸𝗲𝘁𝘀 𝗮𝗹𝗿𝗲𝗮𝗱𝘆 𝘀𝗲𝗻𝘀𝗶𝘁𝗶𝘃𝗲 𝘁𝗼 𝗿𝗲𝗰𝗲𝗻𝘁 𝗽𝗿𝗼𝗷𝗲𝗰𝘁𝗶𝗼𝗻𝘀. 🔹 𝗖𝗼𝗻𝘁𝗲𝘅𝘁𝘂𝗮𝗹𝗶𝘇𝗶𝗻𝗴 𝘁𝗵𝗲 𝗗𝗮𝘁𝗮: These revisions highlight discrepancies between monthly payroll data and the more comprehensive QCEW figures, suggesting that models like the birth-death adjustment may not fully capture the post-pandemic labor landscape. 🔹 𝗘𝗖𝗕 𝗪𝗮𝗴𝗲 𝗗𝗮𝘁𝗮 𝗧𝗼𝗺𝗼𝗿𝗿𝗼𝘄: The ECB’s upcoming release of negotiated wage rates will offer critical insights into euro area wage growth, excluding non-collective compensation. With a rate cut next month nearly certain, this data will be crucial in assessing inflationary pressures. Capital Management France (CMF)   #Economy #LaborMarket #FederalReserve #ECB #InterestRates Source Yahoo Finance

Basis Points: Markets reacted strongly in the past week following the July non-farm payroll report coming out lower than expected, along with an increase in the unemployment rate. As a result, treasury rates fell rapidly. In the past week, treasury rates decreased ~26-32 basis points in the 1-3 year range and 6-15 basis points in the 5-30 year range. According to the CME’s FedWatch, as of August 8 there was a 43.5% chance the Federal Reserve will reduce rates by 25 bps and a 56.5% chance of a 50 bps cut in September. If this occurs, we can expect to see more volatility and a continuation of falling short-term rates. By: Georgina Walleshauser, Vice President Check out the full article: https://lnkd.in/gjZWHxi7 #marketupdate

With inflation dropping and economic growth slowing, our experts consider what will happen to compensation and rewards programs https://ow.ly/2bZh50QCSbw #EmployeeBenefits #compensation #HRmanager #WTWPerspective

With inflation dropping and economic growth slowing, our experts consider what will happen to compensation and rewards programs https://ow.ly/9KK250QB7jz #EmployeeBenefits #compensation #HRmanager #WTWPerspective

Weekly Update is now posted. → Post Employment Thoughts → Market Reaction → Probability of Recession → Outlook → Portfolio Strategy and Positioning → Personal Allocation #Employment #NFP #Payrolls #Economy #Growth #Recession https://lnkd.in/eBWRcr27