Nearly half (46%) of UK employees said they have missed a bill payment as a direct result of inaccurate payroll, according to payroll provider MHR.
The UK government’s visa price hike has come into force today (4 October) leaving workers and employers with a much larger bill.
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.
There is a widening gap between what people are paid and what they need to earn to live comfortably, according to research from the Joseph Rowntree Foundation (JRF).
Young workers may have to go into the office more than they want to as rising energy bills are making working from home more expensive.
One third of workers from ethnic minority backgrounds in the UK are no longer able to pay their bills, rent or mortgage each month due to the cost of living crisis.
While a short supply of candidates has driven up starting salaries to near-record levels, wages are still expected to fall behind the cost of living.