Five strategies to support employees through the cost-of-living crisis
Aug04

Five strategies to support employees through the cost-of-living crisis

By Alex Hattingh, Chief People Officer of Employment Hero With the rate of inflation soaring around the world, small businesses everywhere are facing a new kind of challenge – how they can best support employees through the cost-of-living crisis. The fight to remain present and to stay productive at work instead of worrying about the future is real. Soaring living costs affect employers and employees alike. From increasing rents,...

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70% of Brits put off starting their own business by cost of living crisis
Aug03

70% of Brits put off starting their own business by cost of living crisis

Today, new research from FreeAgent, the cloud accounting software company reveals that the cost of living caution is hitting the UK’s budding entrepreneurs with 70% of working Brits saying they are reluctant to start their own business in the current climate.  The research lays bare the current state of entrepreneurial spirit in light of the economic climate; with just 8% of survey respondents planning to start their own...

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A third of workers plan to take on temporary work to top up income
Aug02

A third of workers plan to take on temporary work to top up income

Half of UK workers (52%) are already doing temporary work, or are planning to temp, as a direct result of the surging cost of living1, according to research by Indeed Flex, the online marketplace for flexible workers.  A national survey of UK workers found that a third (32%) are planning to do temporary work on top of their existing job, as a way to top up their income in the face of sharply rising costs. Meanwhile, a fifth (19%) of...

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Salary sacrifice: a simple step to boost employee savings and reduce employer costs during the cost of living crisis
Aug01

Salary sacrifice: a simple step to boost employee savings and reduce employer costs during the cost of living crisis

By Ben Pollard, CEO and founder, of workplace pension and savings fintech Cushon The current cost of living crisis is hitting households across the UK hard. Burgeoning energy costs, increased National Insurance (NI) and rocketing fuel prices mean pay packets are having to stretch further than ever.  New research from Cushon found over half (52%) of people are concerned about the rising cost of living, while under a...

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Almost a quarter of adults are now concerned about their financial health
Jul27

Almost a quarter of adults are now concerned about their financial health

The cost of living crisis shows no sign of abating, piling pressure on every type of household after inflation rose by 9.4% in the 12 months to June 2022.Therefore, it comes as no surprise that currently almost a quarter of UK adults are now concerned about their financial health with 34%[2] struggling to pay basic living costs, such as rent, energy bills and food. Despite this, only 38%2 of people actually keep a budget and know what...

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The unexpected consequence of the cost of living crisis hits UK’s recycling rate
Jul14

The unexpected consequence of the cost of living crisis hits UK’s recycling rate

Nobody wants your dirty recycling, thank you If you don’t wash your recycling, it just gets burned or buried in a big hole in the ground. That’s the stark message from a waste collection company that’s doing its very best to encourage greater recycling. According to Divert.co.uk, too much-contaminated refuse in a lorry of supposedly “recycled” waste could mean that the entire load is rejected. “It’s usually because people are too...

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Employers should help ease the rising cost of living
Jul13

Employers should help ease the rising cost of living

Recent research from Ello Group has revealed over half (51%) of employees believe their employer should offset some of the rising cost of living. The data, which was uncovered as part of a 1,000 employee survey, revealed many would relish the opportunity to make savings on their frequent hot drink purchases during their commutes, with almost two-fifths (39%) agreeing they would save a substantial amount of money if their employer...

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Cost Of Living: Employers Aren’t Doing Enough To Keep Up With The Cost Of Inflation
Jul12

Cost Of Living: Employers Aren’t Doing Enough To Keep Up With The Cost Of Inflation

Nearly three quarters of Brits (71%) say they do not feel that their employer has adequately kept up with the cost of inflation, according to data from people analytics company Visier. When asked how they plan to handle the rising cost of living in the next 12 months, over two in five Brits (43%) say that they feel they could be forced to find alternative ways of making money if their workplace does not do more to support them. Some...

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How businesses can fight rising energy prices
Jul07

How businesses can fight rising energy prices

Energy prices have been rising at an unprecedented rate since 2021. It has caused a significant amount of worry and stress for everyone across the UK. Both households and businesses are looking for ways to manage their soaring utility bills. One in four small business owners has increased prices to cope with rising business costs and inflation, and 30% have said that they will have to reduce their energy usage to save on costs*. If...

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60% of UK workforce believe employers should help with cost of living crisis
Jul06

60% of UK workforce believe employers should help with cost of living crisis

Six out of ten employees – and almost two-thirds of women – in the UK believe that their employers should help with the rising cost of living, says new research commissioned by employee experience platform Culture Amp.  The research shows that three quarters of the UK workforce is now troubled by rising living costs, with women considerably more worried (84%) than men (57%). Younger employees are particularly worried with...

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Cost of living crisis impacting beauty industry
Jul04

Cost of living crisis impacting beauty industry

New research released ahead of World Microbiome Day by Skin Trust Club, revealed how the cost of living is hitting our beauty regimes with almost half of adults (41%) stating skincare cost as the single most important factor when choosing which brand to buy. Almost a third of people in Britain (29%) admitted they weren’t sure what their skin type was and the same number said they didn’t know how to look after their skin. But what Skin...

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Study reveals how much businesses can save if they switch their company car fleet to EVs
Jul01

Study reveals how much businesses can save if they switch their company car fleet to EVs

Rising fuel costs are making most businesses with company cars (86%) seriously consider switching to EVs and hybrid models, new research from the experts at B2B service comparison website, iCompario has revealed, and there are some significant savings to be made for those that do.  The study found that a quarter (24%) of businesses with a fleet have already switched some – if not all – of their vehicles to EV (BEV) or hybrid...

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Over half of UK employees look for cost of living to be a top consideration in pay adjustments
Jun30

Over half of UK employees look for cost of living to be a top consideration in pay adjustments

People leaders across the UK face a difficult year ahead in navigating employee pay cycles amid rising inflation and market volatility, and new research shows that over half (53%) expect the cost of living to be a key consideration in their compensation reviews.  “A convergence of factors — including increased turnover, rising inflation, volatile markets and the current cost of living crisis — are putting increased pressure on...

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Universities and independent schools secure new funding sources in light of cost-of-living crisis 
Jun17

Universities and independent schools secure new funding sources in light of cost-of-living crisis 

Universities and independent schools in the UK are diversifying their revenue streams to safeguard against closure, according to a new report released by Endsleigh. Rewarding Industries polled staff across universities and independent schools to analyse how the education sector is responding to the unprecedented challenges of the past two years. It has revealed the difficulties that the cost of living crisis has presented academic...

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Cost of living increases are impacting millions of employees
Jun14

Cost of living increases are impacting millions of employees

Global expenses app, ExpenseOnDemand, has published new data showing the latest trends in business expenses and how the rise in the cost of living is changing how employees are claiming for business related expenditure. Millions of staff have to pay upfront for expenses with petrol and entertainment topping the list of these costs. As things are getting tighter for many due to rising bills and costs, nearly a fifth (19%) of employees*...

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