Cost of living

A quarter of UK organisations to make redundancies in 2023

A quarter (26%) of UK organisations said they are likely to make redundancies in 2023, according to new research from HR consultancy Ayming UK.

Cost of living crisis has changed culture in SMEs

Almost all (99%) SMEs have said they have noticed behavioural changes across their team as a result of financial constraints in the last six months.

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.

Cost of living crisis affecting women more than men

Women in the UK are significantly more likely than men to earn less than a real Living Wage, leaving them vulnerable to the cost of living crisis.

Childcare costs forcing mothers to quit work

Three quarters (76%) of mothers who pay for childcare say it no longer makes financial sense for them to work, a study by mothers’ rights campaign group Pregnant then Screwed has shown.

Weekend and night shift demand rockets as workers feel pinch

UK workers are increasingly seeking out casual jobs to supplement their income.

Theft by employees rises as cost of living bites

Hard-up staff are increasingly stealing from their employers to make ends meet, according to new data released by insurer, Zurich.

Pay awards hit 32-year high

New data from XpertHR has revealed employers are willing to pay increasingly higher salaries to hold on to their talent – but that these levels have most probably peaked.

How to get payroll right in the cost of living crisis

From the relationship between finance and HR teams to the consequences of getting pay wrong, as employees feel the squeeze it’s crucially important businesses mind the pitfalls of payroll, finds Dan...

Businesses face record recruitment difficulties

UK firms are facing the highest level of recruitment difficulties on record, according to new British Chambers of Commerce (BCC) research.

Travelex promises pay rise to 3,000 retail staff worldwide

Foreign exchange company Travelex has implemented a cost of living pay increase for workers in affected territories.

We need compromise and partnership to fix the UK’s employment relations problems

The cost of living crisis, falling real wages and wider dissatisfaction with working conditions are a potent recipe for the ongoing strike action across many public services.