Foreign exchange company Travelex has implemented a cost of living pay increase for workers in affected territories.
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.
Employers are worried they are being exposed to risks through employees’ second jobs, according to research.
A disparity in the percentage value of raises is growing in UK businesses, despite average pay awards remaining steady at 5%, according to new data.
UK employees on average consider a raise of 9% to be a fair pay award for 2023, according to research.
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.
Creative use of the government's trivial benefits scheme may prove a useful tool in helping employees through the cost of living crisis, according to an accountancy firm Ashton McGill.
As 2022 comes to a close, we've gathered the biggest news stories for our readers from across the year.
The cost of living crisis may force employers into redundancies in 2023, according to research from employment law and HR consultancy firm WorkNest.
With the economic climate shifting business’s priorities, HR budgets are usually first on the chopping block. But there are still ways HR teams can maximise budgets to make the most of what they’ve...
The cost of living crisis is likely to get worse before it gets better, meaning HR will be relied upon heavily once again to keep anxious employees happy and connected, writes Nosa Omoigui
Real wage growth for UK workers declined 3% during 2022 according to research from the Trades Union Congress (TUC), the largest decline since 1977.