How are employers all over the world sourcing the right benefits, focusing on compensation and leaning into consultative solutions to manage this period of high inflation?

Economic pressures only add to the growing list of concerns that organizations are facing when it comes to attracting and retaining talent. With uncertainties increasing, many are looking for new ways to combat inflation, support their employees and continuously stay on top of key insights and knowledge from trusted sources.

We asked Gallagher's subject matter experts from all over the world a series of questions about what they are seeing in their specific regions. The questions explored how organizations are responding to inflation and rising costs, as well as what these organizations are doing to ensure the overall wellbeing of their employees.

While the responses inherently varied from region to region due to inflation's volatility across different economic circumstances, three key themes stood out on a global scale:

  1. Finding the right benefits
  2. Compensation conversations
  3. Consultative solutions

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Consulting and insurance brokerage services to be provided by Gallagher Benefit Services, Inc. and/or its affiliate Gallagher Benefit Services (Canada) Group Inc. Gallagher Benefit Services, Inc. is a licensed insurance agency that does business in California as "Gallagher Benefit Services of California Insurance Services" and in Massachusetts as "Gallagher Benefit Insurance Services." Neither Arthur J. Gallagher & Co., nor its affiliates provide accounting, legal or tax advice.