Cost of living

Sunak: pay rises must follow increase in productivity

Prime minister Rishi Sunak said pay rises should be “sustainable” and come only as rewards for productivity, following data from the Office for National Statistics (ONS) which showed a record pay...

Are side hustles a threat to employment?

Side hustles refer to an individual's secondary source of income, ranging from part time jobs taken in their spare time, such as working in a pub on weekends, to starting up their own business or...

What to do as pay expectations skyrocket

As the cost of living continues to soar, workers across the country have found their disposable income shrinking beyond all recognition.

Real wages rise for first time in 18 months

A sharp drop in the rate of inflation has given UK workers their first real-terms pay rise in 18 months.

Interest rates rise again; HR called on for support

The latest Bank of England interest base rate rise should have HR teams thinking about the financial and wellbeing support they offer staff, experts say.

News

Low-income households skip meals due to cost of living

As the cost of living crisis continues, 5.7 million low-income households had to cut down or skip meals, according to the Joseph Rowntree Foundation (JRF).

Five new ways to get board buy-in for financial wellbeing initiatives

It’s a well-worn cliché that boardrooms only care about data. The cliché falls apart when you speak to HR directors that have actually got buy-in for wellbeing initiatives. A blended, tailored...

Side hustles on the rise as cost of living crisis continues

More than one in three adults in the UK, or 20 million people, now have multiple incomes, according to research by service provider Utility Warehouse.

Employees rely more on company benefits as costs rise

Employees are increasingly using employer benefits to support leisure purchases, such as gym memberships and holidays, according to new research from Perkbox.

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.

Paying for company expenses impacting employee mental health

A new study has found a third (37%) of employees paying for company expenses impacts their mental health and 77% worrying about money distracts them at work.

Household bill support is fastest growing employee benefit

The number of businesses offering household bill support has increased 68-fold between 2021 and 2022, according to analysis of over 21 million job ads.