labor costs Archives - CFO

CFO Conundrum: We Need Workers, But Can We Afford Them?

CFO Conundrum: We Need Workers, But Can We Afford Them?

Finance executives are playing a dicey game of shoring up their companies’ workforces in an era of high employment and runaway inflation.

By David McCann | August 31, 2022

Bearing the Higher Cost of Labor: Weekly Stat

Employee Benefits and Compensation

Bearing the Higher Cost of Labor: Weekly Stat

The gap between the rate of growth in the Employment Cost Index and inflation widened in March.

By Vincent Ryan | May 2, 2022

CFOs Battle Margin Pressures and Production Delays

CFOs Battle Margin Pressures and Production Delays

Raising prices is only part of the solution to supply chain snarls and input cost inflation.

By Russ Banham | November 24, 2021

Labor Costs Gauge Surges 1.3% in Q3

Labor Costs Gauge Surges 1.3% in Q3

“It is hardly surprising that employers are having to pay up given the shortage of qualified labor at the moment."

By Matthew Heller | October 29, 2021

Inflation Pressures Forcing CFOs to Take Action

Inflation Pressures Forcing CFOs to Take Action

Experts may call consumer price increases 'transitory,' but fighting rising costs has become a priority for finance chiefs.

By Vincent Ryan | September 14, 2021

Metric of the Month: Personnel Cost of Finance

Metric of the Month: Personnel Cost of Finance

Labor costs are on the rise. Here’s what you can do to help get the most from your investment.

By Perry D. Wiggins, CPA | July 6, 2021

Labor Cost Index Rises 0.7% in Fourth Quarter

Labor Cost Index Rises 0.7% in Fourth Quarter

“Overall, compensation costs are likely to remain subdued going forward, reflective of a high level of unemployment that will restrain wages."

By Matthew Heller | February 1, 2021

U.S. Productivity Grows at Revised 1.2% Rate in Q4

U.S. Productivity Grows at Revised 1.2% Rate in Q4

After the third-quarter contraction, “There is hope that the recent slight productivity uptick may lead to better results in the future."

By Matthew Heller | March 5, 2020

U.S. Labor Costs Growth Lowered to 2.5% for Q3

U.S. Labor Costs Growth Lowered to 2.5% for Q3

The sharp downward revision suggests inflation will continue to run below the Federal Reserve’s 2% target.

By Matthew Heller | December 10, 2019

U.S. Trade Deficit Jumps to Five-Month High

U.S. Trade Deficit Jumps to Five-Month High

Trade tensions between the United States and China continue to spur volatility.

By Lauren Muskett | July 3, 2019

U.S. Productivity Surges to 3.6% Gain in Q1

U.S. Productivity Surges to 3.6% Gain in Q1

“The rebound in productivity is restraining labor costs and keeping inflation in check,” an economist says.

By Matthew Heller | May 2, 2019

Execs’ Optimism About Economy Drops to 34%

Execs’ Optimism About Economy Drops to 34%

Trade tensions and the China slowdown "have contributed to a sense of uncertainty and pessimism about the global economy," AICPA says.

By Matthew Heller | March 7, 2019

PwC Hires More Companies’ Tax Teams

PwC Hires More Companies’ Tax Teams

In the latest deal under the professional services firm's "insourcing" managed-service strategy, most of Synchrony's tax department is now on its payroll.

By David McCann | February 15, 2019

U.S. Trade Deficit Falls 15% to $49 Billion

U.S. Trade Deficit Falls 15% to $49 Billion

Despite the March decline, the U.S. is still “on track to run another large trade gap in 2018 that exceeds the deficit in the prior year."

By Matthew Heller | May 4, 2018

Productivity Growth Revised Upward to Zero

Productivity Growth Revised Upward to Zero

Despite the revision, productivity in the first quarter still showed the worst performance since the second quarter of last year.

By Matthew Heller | June 5, 2017