Saturday, January 24, 2009

2009 Impact of Employee EOP

It is this time off the year where every employee will be evaluated for their contribution and performance. With current market environment where inflation is lower we cannot expect higher EOP. But in allot of country when fuel price was high it has significantly contributed to higher food prices. Since the food prices did not reduce when oil price reduce to $30 per barrel this has significant impact on employee inflation. With country inflation is calculated differently with employee inflation, sure this have imbalance between EOP and inflation.

My Advice – Employee need to reduce entertainment and extra expense is 2009.

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