The Conference Board annual Salary Increase Budget has dropped -- and so have interest rates. To what extent are companies planning to increase employee base pay next year, and how do those plans differ across industries?

Diana Scott and guest Rita Meyerson, Principal Researcher in the Human Capital Center, spoke yesterday about what this year’s survey data show, and how the Fed’s first interest rate cut in four years could affect budgets for salary increases in 2025.

For more from The Conference Board:

• Salary Increase Budgets 2024-25

• Reimagined Workplace

• Global Labor Market Outlook

Mexico became the top importer to the US in 2023, surpassing China for the first time. Can Mexican President-Elect Claudia Sheinbaum deliver on her goals of building 100 industrial parks and making the country more attractive to manufacturers?

Join Steve Odland and guest Erin McLaughlin, Senior Economist at The Conference Board ESF Center, to find out about Sheinbaum’s pro-worker approach to economic development, the opportunities and risks for US manufacturers, and how the CHIPS Act might benefit Mexico.

(00:21) Mexico's New Infrastructure Focus
(00:54) Claudia Scheinbaum's Vision
(01:27) Economic Implications of Reshoring
(03:36) USMCA and Trade Benefits
(04:42) Reshoring Trends and Challenges
(08:59) Risks and Considerations for Companies
(11:59) Smart Manufacturing and Technology
(24:08) Industrial Parks and Future Growth

For more from The Conference Board:

• Mexico Prioritizes Industrial Parks, Infrastructure to Attract Manufacturing

• LEI for Mexico Dropped Sharply in June

• Policy Backgrounder: Mexico’s Election

Hamdi Ulukaya took Chobani to a billion dollars in sales "without raising a penny in capital.” How did he develop a thriving yogurt maker while emphasizing ethical business practices, protecting the environment, and creating a positive impact in the broader community?

Join Dr. Lori Esposito Murray and guest Hamdi Ulukaya, founder and CEO of Chobani and founder of Tent Partnership for Refugees, to learn about Ulukaya’s journey from Turkey to upstate New York, how he lives his core values, and why improving society is a growth engine for business rather than a distraction.

(02:28) Hamdi's Early Life and Business Philosophy
(05:54) Founding Chobani
(08:25) Chobani's Growth and Success
(09:39) Leadership and Business Values
(17:20) Philanthropy and Social Impact
(24:56) Refugee Employment and Tent Partnership
(34:39) Closing Remarks and Future Vision

For more from The Conference Board:

• 2024 Distinguished Leadership Awards

• Corporate Strategies to Enhance Economic Opportunity

• Corporate Citizenship: A Safe Haven from Political Uncertainty

This Leadership in Challenging Times discussion is featured as a C-Suite Perspectives podcast and a special CED Policy Watch Webcast. Leadership in Challenging Times features timely and insightful discussions with the outstanding CEOs who are recipients of CED’s Distinguished Leadership Awards. Business leader honorees discuss the unprecedented challenges facing the nation and how they are helping chart a path forward for both their companies and communities in which they operate.