UK employers and employees feel the squeeze as wage costs and living expenses rise
As the UK heads into the annual review season, over half (53%) of employers report a noticeable increase in wage costs over the past year.
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Tag: Cost of living
Despite cost of living crisis, over 3.8 million are self-employed in UK
Despite facing a significant cost of living crisis, the entrepreneurial spirit in the UK remains robust, with over 3.8 million people thriving as self-employed individuals.
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Workers turn to employers for everyday expense assistance amid ongoing cost-of-living crisis
As the cost-of-living crisis persists in the UK, employees are increasingly seeking support from their employers to manage everyday expenses.
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Onee fifth of working parents could only last a week without pay if their child fell ill
A recent study by MetLife UK has revealed concerning statistics about the financial vulnerability of working parents in the UK. What does this mean for HR?
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Working from home could save brits £2,441 each year, study finds
A recent study conducted by small business experts at Bionic has shed light on the significant financial benefits of working from home for Brits.
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HR in Review 59 – Financial wellbeing and HR with Ruth Handcock
In this episode of HR in Review, Amelia Brand welcomes financial wellbeing expert Ruth Handcock. They delve into the impact of the cost-of-living crisis on employers and employees, discussing salary hunting, potential solutions, and the role of managers in supporting financial wellbeing. The looming pensions crisis is explored, along with the taboo nature of discussing finances at work.
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Half of employers predict higher pay rises in 2022
Three in four businesses cite difficulties in being able to recruit staff, driving up pay awards.
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Home ownership a pipedream for half of UK employees
Homeownership remains an aspiration for many non-home owning workers. But high day-to-day living costs mean that half of non-homeowners don’t think that they’ll ever be able to afford to get on the property ladder, finds new research.
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Here are the World’s 12 Coldest Jobs
Is working in freezing temperatures worth It?
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The privilege of having a job will cost you £3,000 a year
It is one of life’s ironies that a great deal of the money one earns does not always make it into a person’s back pocket. Instead large portions are siphoned off into mortgage payments, taxes, public transport costs and rent.
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