CIPD have collated some practical information for employers to support their employees through the cost-of-living crisis.
Against a backdrop of soaring prices for food, energy and other essential goods and services, many employers in the UK are asking what they can do to support their people’s financial wellbeing.
The good news is, even if you can’t afford to offer inflation-beating pay rises, there is still a lot you can do to ease the stress and anxiety your workforce is facing. Now’s the time to review your financial wellbeing policies and benefits packages to make sure they’re working as hard as they can – especially for those that are most likely to be struggling to make ends meet.
For further information visit Supporting employees through the cost-of-living crisis | CIPD