A recent survey of industrials and consumer sector players finds that wage inflation is already here. Half of the corporate executives, business owners, and private equity investors polled by Stifel have already “meaningfully” raised wages at portfolio companies, while 45 percent have done so “marginally.” The news may hearten employees, but investors and customers should take note: 81 percent of respondents plan to increase prices to either fully or partially offset higher wage costs.
To read the entire story, you must be logged in.
Please log in now or register with us.
