Relevant Article – Inflation, Worker Compensation, and Museums Collide!
Thursday, April 6th, 2023
Dear MCIC Community,
It’s me again, Justin Hitt, your VP of the Board with another article to chew on. This time, as published in The Art Newspaper we look at the intersection of increasing inflationary pressures as it relates to worker compensation…and one possible outcome of a mismatch between management and employee expectations.
We feel it’s important to be dynamic as managers in evaluating market trends to ensure that associates are paid fairly for fair work. We do not know the circumstances of the strike referenced in the article, but are bringing this to attention as compensation, and the subsequent impact on operations that a dissatisfied workforce can have on your organization, as well as its valuable artifacts!