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. The research from Totaljobs also found job adverts highlightingย instant wage accessย more than quadrupled in 2022. Other benefits that appeared in significantly more job adverts included four day working weeks and a […]
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cost of living crisis
Household bill support growing as employee benefit
More redundancies and pay freezes on cards for 2023
The cost of living crisis is hitting employers too. To combat the sharply rising costs many are forced to make redundancies in 2023, according to research from employment law and HR consultancy firm WorkNest. The research showed more than two fifths (44%) of employers could be looking at restructuring or redundancies to cut costs in […]
Deepening debt impacting mental health as cost of living bites
Four in five (79%) UK employees are concerned about the increasing cost of living, with one in three (34%) just getting by financially Nearly a third (30%) of employees on lower incomes feel that their current level of debt is impacting their mental health One in three (34%) feel they are no longer prepared for […]
Business talk: corporate events and the cost-of-living crisis
Events are firmly back on the table. As the recent AMEX Global Event Trends Forecast reported, its recent survey reflected “booming optimism and focus on in-person meetings and events”, while event and venue marketplace Hire Space has observed a 25% increase on budgets in 2022 compared to pre-pandemic levels.ย But rising prices across goods and […]
Expert tips for asking for a pay rise during the cost of living crisis
During the current cost of living crisis, there are very few people who arenโt anticipating a drop in disposable income as the cost of energy bills, petrol and everyday grocery items continue to rise.ย ย As a result of this, many workers may be considering asking their employers for a pay review or salary increase, […]
UK workers negotiate better pay with cost of living crisis as the reason
Workers across the UK are using the cost of living crisis to negotiate better pay from their employers. Research from analytics company Visier discovered 21% of workers have threatened to hand in their notice due toย cost of livingย concerns and attempted to improve their employment package. The majority of workers (58%) didn’t feel guilty about doing […]
How the four-day week transformed this young dadโs life
โYou couldnโt pay me enough to go back to five days!โย Moving to a four-day working week has transformed the life of Web App Developer at search engine marketing agency, Marketing Signals, and young dad Jack Darracott. After the business transitioned to a four-day-week last month, Darracott has explained that heโs much happier now […]
Employers are not supportive enough in cost-of-living crisis
Employees are turning to their employer benefits to help mitigate the soaring cost of living and squeeze on household finances. 85% of employers agree that they have a duty to support their employees as the cost-of-living rises But, only 5% of employees feel their employer is properly supporting them through the cost-of-living crisis 83% of […]