The Benefit of Inflation Bonuses

Photo by Eye for Ebony on Unsplash

Inflation rose by 8.2% in September of this year and has hit the highest level since 1982. Food and energy prices are among the categories that have seen the largest jump. There are a number of factors that have caused this surge, with supply chain issues topping the list. Unfortunately, employees’ wages haven’t been increasing at a similar rate. Two thirds of American workers state that their pay is not keeping up with inflation…