Board Converting News, June 6, 2022

Trusted Advisor (CONT’D FROM PAGE 18)

specializes in recruitment training and strategy consulting, helping global HR leaders transform how they attract top talent. From best practice recruiting, to improving speed to hire, to candidate experience, Riviera Advisors is a go- to place for strategic talent advisors. For more informa- tion, visit Sun Chemical To Increase Prices On Products In North America Parsippany, New Jersey based Sun Chemical will increase prices across its entire portfolio of packaging, commercial sheetfed and screen inks, coatings, consumables and ad- hesives in North America, effective immediately, or as con- tracts allow.. The inflationary environment in North America has

don’t advocate for them. Help in any way you can – if that means coaching them on how to ask for more money, time off, paid benefits, development investment, etc. Help them prepare for a potential counteroffer so they feel comfort- able saying no to it or showing them financial projections that help build your case. There is so much you can do to show that while you work for a company, you are also on their side. Earning candidate trust and showing you can advocate and advise them too is a competitive edge you will desperately need – consider how you’re doing at it today and the potential you have to do better. Jeremy Eskenazi, SPHR, SHRM-SCP, CMC, is the founder of Riviera Advisors, a boutique talent acquisition optimiza- tion consulting firm. Riviera Advisors does not headhunt, it

continued to impact the ink industry. Global geopolitical events have caused sustained pressure on logistics availability and have in- creased the costs to unprecedented levels. The constrained accessibility to labor in the market has driven significant wage inflation while contributing to inefficiencies at manu- facturing facilities. Key raw materials continue to experience scarcity while steel shortages drive costs for steel drums and other packaging components to historic highs. Sun Chemical continues to seek mitigation strategies to these cost in- creases, however, the magnitude and speed of increases require further action to offset impacts to the business. “Our team continues to focus on ensuring a steady flow of our products to customers,” said Chris Parrilli, President of North American Inks, Sun Chemical. “Sun Chemical’s global reach has helped secure the raw materials needed to maintain production, however, the costs to secure those materials, manu- facture our products, and deliver them to our customers has reached a level that requires Sun Chemical to take this price action. Glob- al events will continue to influence our strat- egies and actions as we evaluate every op- portunity to mitigate these inflationary events and deliver on the expectations our custom- ers have for reliable supply of our products to their facilities.” Sun Chemical will communicate specific increases directly with its customers. Custom- ers with questions can reach out to their local Sun Chemical sales representative. Sun Chemical, a member of the DIC group, is a producer of packaging and graphic solu- tions, color and display technologies, and electronic materials.


June 6, 2022

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