Cost of living

Inflation threatens workplace progress made in pandemic

The UK's uncertain economic future is causing employers to scale back on important parts of workplace culture, reversing progress made during the coronavirus pandemic.

Cost of living leads workers to opt out of pensions

More workers are opting out of workplace pension contributions as the cost of living continues to soar.

Graduate job market slows with inflation

Market growth for graduate jobs will slow to 2% over the next year, according to research from the Institute of Student Employers (ISE).

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.

Should we increase the minimum wage?

With the value of UK workers’ wages falling, what is hindering employers from increasing employee pay?

Virgin among first companies providing paid carer and neonatal leave

Virgin Media O2 has rolled out enhanced employee wellbeing initiatives, becoming one of the first UK companies to offer both paid neonatal and paid carer's leave to workers.

Cost of living exacerbates winter job cuffing

UK businesses should look to capitalise on 'job cuffing', where candidates look for jobs to see them through the winter before seeking new employment in the spring, according to jobs website...

Plummeting pound: the impact on employers

The rapid devaluation of the pound will mean further inflation, potential interest rate rises and make it more difficult to attract overseas talent, according to economists.

What to expect from the September mini-budget

Chancellor Kwasi Kwarteng is due to announce a mini emergency budget tomorrow (23 September) as the new government makes its first attempt to address the UK's cost of living crisis.

Cost of living driving low paid workers to food banks

More than half (56%) of low-paid workers in the UK have had to use food banks in the last 12 months, according to research from the Living Wage Foundation.

HR to support employees despite energy cost cap

Last week, prime minister Liz Truss announced a cost of living support package which included capping typical annual household energy bills at £2,500 for the next two years.

News

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...