Although inflation has eased significantly from its peak in 2022, rising prices continue to affect many households. Recent ONS data shows that UK inflation is now around 3.0 - 3.2%, considerably lower than the highs seen in previous years.
It is therefore unsurprising that many adults continue to feel worried about the ongoing cost of living pressures, as highlighted in recent Lifestyles and Opinions Survey findings.
There are a number of ways you can support your workforce, who may still be concerned about their personal financial situation.
Signpost to free advice
There is a range of support available to you and your employees, including financial advice from Government, banks and energy providers.
Provide benefits or financial support
There are many ways in which you might be able to support your workforce, from offering hybrid working, workplace benefits or providing financial wellbeing assistance.
Develop a healthier workplace
Looking after your employee's wellbeing is more important now than ever. Including mental health support helplines and knowledge, resources and skillset needed to create a wellbeing led culture, here you'll find all relevant resources to support your team.
