Tag: Cost of living
92% of employers to support employees due to cost-of-living crisis
Increasing salary is the most common way in which employers are tackling the issues their employees are facing with the cost-of-living crisis.
Read MoreOngoing cost of living crisis impacting UK workers ability to do their jobs
Many workers are still struggling with the ongoing effects of the cost of living crisis, and this has led to rising concerns and drastic steps to try and save money.
Read MoreBritain’s poorest households £4,500 worse off due to cost of living crisis
The UK’s financial strain has forced 21% of individuals to postpone retirement and continue working, fearing they lack sufficient funds in their pension pot.
Read MoreShopping discounts the top employee benefit last year
Discounts for supermarkets, online and high street retailers were the most used employee benefit throughout 2023, according to the findings of new analysis.
Read MoreNearly half of UK workers received no cost-of-living support from their employer this year
Almost 1/2 of UK workers received no employer support to help them manage the cost of living during 2023 despite workers continuing to struggle financially.
Read MoreVicky Walker: The growing burnout problem with side hustles
Employers need crucial advice on how to support the wellbeing of individuals who are struggling to keep up with the cost-of-living crisis, and are now turning to multiple jobs or new ways to support themselves.
Read MoreRising costs affecting more than half of UK business strategies for employee benefits
57% of UK businesses say that rising costs are influencing their strategy for employee benefits. Yet, as companies continue to grapple with attracting key talent, investment in benefits remains a major priority.
Read MoreFemale employees most likely to be suffering from financial stress
The COLC is causing more financial stress for female employees, with 48% of them experiencing ‘very’ or ‘somewhat’ stress compared to less than 1/3 of male employees.
Read MoreMost employers fail to support lower-income workers during cost-of-living crisis
Lower-income workers who earn less than £30,000 are bearing the brunt of the cost-of-living...
Read MoreHow to care for staff during the COLC
As the cost-of-living crisis continues, employers must recognise the importance of how to care for staff during these challenging times.
Read More95% of SMEs say the financial crisis is impacting workplace culture
Research conducted by Pleo finds 95% of UK SME business leaders say the cost-of-living crisis is negatively impacting workplace culture.
Read MoreMummy, I’m home! 1/5 Brits forced to move back home due to COLC
Young adult Brits are being forced to move back home with one in five (17%) having moved or are planning to move due to the COLC.
Read More- Sarah Baldry: Why mental health is an economic issue – and what businesses can do about it
- Katie Boon: Storytelling – a catalyst for workplace wellbeing
- Yosof Ewing: Why aren’t leaders talking about mental health in the construction and trade industries?
- Gavin Bryce: 10 confidence-boosting tactics for leaders that cost nothing
- Charlotte Rooney: It’s time to change how we think about promotions