Supply chain snarls, lingering COVID disruptions, labor shortages, inflation, rising pay and soaring demands for new benefits and work flexibility are making 2022 one of the hardest years ever to run a company.
2022 is shaping up to be one of the hardest years ever to run a company — even harder than 2020, when the pandemic first hit, corporate leaders and analysts tell us.Uncertainty, CEOs' dreaded nemesis, abounds. Supply chain snarls, lingering COVID disruptions, labor shortages, inflation, rising pay and soaring demands for new benefits and work flexibility are driving up costs and complexity.
. And some companies are driving pay more aggressively: Amazon just hiked up its maximum base pay to $350,000, from $160,000. And juggling the ever-changing landscape of vaccine and mask mandates can be difficult. "There's confusion," said Jeffrey Zuckerman, the CEO of Main St. Events, which organizes trade shows around the country.are driving up the cost of doing business, irrespective of the ways the workforce is changing.
“In my 24 years in the business I’ve never seen anything like it, not even close,” Heineken CEO Dolf van den Brink told theFirms are also realizing
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