If the employer is unwilling or unable to inflation proof the salaries of his employees, they will obviously become disillusioned and disgruntled. Some may seek greener pastures and if those that leave include key individuals, the profitablity of the company may be adversely affected.
Prices get generally higher for a reason.
Firms / companies need money. In order to get that, they may cut their costs. The logic is that they will have less capital to invest in. Result: either quality is affected, or employment is. In that case, it will be a negative development because the firm / company likes to produce more efficiently. As a result the workforce productivity increases, meaning the employment decreases.
However inflation can positively influence employment as well. A company may risk its budget in employing good quality workforce to get back on track, on the market and compete.
Please note that how inflation specific influences employment also depends on the type of market; are we talking about perfect competition, monopolistic market ... ?
Besides these technical aspects, there is also a psychology behind this all. The rising prices over time could lead to employment rates increasing. The reason for this depends on how the inflation affects the management of the companies.
how does inflation affect hospitality in nigeria industry
explain how do intrest rates and inflation affect the real estate
markan theory, inflation and extractive demand theory,
Economic factor that affect businesses: 1. Income 2. Inflation 3. Recession 4. Interest Rate 5. Exchange Rate There are four major elements that affect business environment. The elements are: 1. Economic growth 2. The business cycle 3. Employment and unemployment 4. Inflation
they were cheaper
yes because less employment cause inflation
how will the weather affect the inflation of the ballooons
how does inflation affect hospitality in nigeria industry
A rise in unemployment will lead to a fall in inflation...this is best explained by the philips curve
explain how do intrest rates and inflation affect the real estate
markan theory, inflation and extractive demand theory,
Economic factor that affect businesses: 1. Income 2. Inflation 3. Recession 4. Interest Rate 5. Exchange Rate There are four major elements that affect business environment. The elements are: 1. Economic growth 2. The business cycle 3. Employment and unemployment 4. Inflation
Economic factor that affect businesses: 1. Income 2. Inflation 3. Recession 4. Interest Rate 5. Exchange Rate There are four major elements that affect business environment. The elements are: 1. Economic growth 2. The business cycle 3. Employment and unemployment 4. Inflation
how will the weather affect the inflation of the ballooons
No. The ATM does not in any way affect or answer inflation. It is just a machine through with customers can do banking transactions without visiting their bank. It does not cause or affect inflation. Only the country's central bank can control inflation by changing regulatory policies.
Inflation of a balloon is NOT a chemical reaction, so there are no chemicals involved in 'affecting' it.
Inflation!