Employee pay rise expectations in UK skyrocket

Almost three quarters of UK workers expect a pay rise in the next 12 months, an increase of 50% from the previous year, according to ADP Research Institute.

A fifth of private sector workers are not saving for pensions

Economics research institute The Institute of Fiscal Studies (IFS) has reported almost a fifth of working-age private sector employees (around 3.5 million people) do not do any pension saving each...

Work expenses driving employees into debt

More than two thirds (67%) of employees surveyed are having to pay for work expenses with their own money at least once a week, according to new research.

Real wage stagnation will deepen poverty in the UK

The UK economic crisis will see real wages remain below their Q1 2022 level until at least the end of 2027, leading to a long-term increase in poverty, according to research.

How HR can support staff with pensions worries

The current economic climate means there has never been a greater need for HR to be supporting their workforce with practical financial solutions that are affordable and make an impact. With inflation...

The Energy Price Guarantee: do employers have a duty of care?

This week’s announcement by newly appointed chancellor, Jeremy Hunt, has significantly curtailed some of the support measures promised by the government set to help with skyrocketing energy bills.

Do more to support employee financial wellbeing

As the cost of living crisis deepens, people are increasingly looking for support with their finances. With a proven link between financial stress and mental and physical health, there is every reason...

How can HR support employees during cost of living crisis?

Prime minister Liz Truss announced yesterday (8 September) the government's plan to help UK residents with energy bills - but what other measures can companies take to support their employees through...

Workers need to understand their pay to cope with the cost of living crisis 

As if the past two years haven’t been tough enough for UK workers on both a personal and professional level, they’re now facing a cost-of-living crisis and rampant inflation at its highest level in 40...

Providing real support in the cost of living crisis

The cost of living crisis is having a profound impact on individuals across the country.

Companies failing to provide employees with financial wellbeing support

Businesses aren't supplying their workers with the financial wellbeing support programmes they need, according to research from asset management firm Mercer.

Shame stops employees talking about money at work 

A hard-to-shift stigma is stopping UK employees from seeking more support with money in the workplace, despite employers ramping their financial wellbeing efforts. The cost-of-living crisis is a...