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...

HR community reacts to chancellor's Spring Statement

Chancellor Rishi Sunak's Spring Statement announced income tax cuts for workers, yet many feel it has failed to address concerns surrounding the UK's cost of living crisis.

Financial education is now a necessity

Financial education has become a significant part of the wellbeing offering, as the UK sees a surge in the cost of living.

Soaring cost of living prompts calls for financial support for employees

Yesterday’s eye-watering inflation figures – showing the biggest rise in the cost of living for nearly 10 years – have seen renewed calls for employers to do more to support the financial wellbeing of...