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Several clients boasted about job offers.  “Big ones,” they said.  Of course, they know about inflation.  How they eat into pay hikes.  They didn’t realize the financial hit they would take.

But the federal government released the Consumer Price Index figures for October.   Experts had been predicting a one-month CPI jump of .6%.  But the actual increase was 50% higher.  A .9% monthly increase = an annualized inflation rate of 10.8%!

So make sure your job offer outpaces inflation.  That’s if money is what pulls you away to that job.




Bob Kaplitz

Bob coaches executives and managers on developing their leadership skills, which improves the morale and efficiency of their companies. He mentors individuals through Everwise, which optimizes the way companies develop their people by connecting professionals with the experts and resources they need to be successful.

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