Virtual Breakfast Forum – May 19, 2022
Thanks to the members who attended our recent VBF at the start of Victoria Day long weekend. A small but mighty group, each of the members concurred that we are all still dealing with increased costs in all areas of our businesses. Inflation, the war between Russia and the Ukraine, supply chain issues, gas prices at their highest ever and the Bank of Canada increasing rates are all contributing factors.
Members discussed facing employee issues, with many finding that employees have moved away, and are no longer able to come into the office. As Baby Boomers continue to leave the workforce, coupled with families having fewer children there is a labour shortage, and as a result, it’s an employee’s market: wage demands are higher than normal. One member shared that their organization packages up the value of a higher salary with increased vacation time and additional benefits such as cell phone or gas, that could ultimately reach the amount the worker is demanding.
George reminded all members of the survey that has recently gone out, and asks everyone to please complete it as soon as possible. We are also pleased to confirm that our Kelowna event will be taking place on June 24th. Registration is now open HERE. Please be sure to register by June 17th so that we have correct numbers.
A reminder of future events:
Oct. 6th, our annual Round Table takes place. We are currently looking for sponsors, speakers and topics.
