Inflation is a top concern for small businesses right now. As a result, many employers have raised prices, and some have decreased staff. In this episode, we're talking about how your business can manage the impact of inflation and we'll explore options.
[01:01] Why is inflation high right now?
[01:42] How is inflation affecting small businesses?
[02:22] How can employers manage the impact of inflation without decreasing staff?
[03:03] What are shared-work programs?
[03:47] What is the difference between the shared-work program and a furlough?
[04:27] Could employers offer more unpaid time off?
[05:13] How can small employers compete to retain talent on a tight budget?