Financial wellbeing
Covid crisis creating ‘permanent damage’ to wages
The average worker’s annual pay packet by the middle of the decade is set to be £1,200 lower than predicted...
Halfords to train 1,500 electric vehicle technicians
Halfords is training staff to help close a skills gap in the servicing of electric cars, bikes and scooters.
The...
Pension advice ‘nudges’ proposed by the government
Workplace pension schemes will be required to ‘nudge’ members towards getting advice when they seek to access their funds.
OECD predicts 7.1% unemployment in UK and criticises lack of training
The OECD has predicted unemployment in the UK will rise from 4.5% to 7.1% in 2021 and says that to recover the UK must invest in skills and achieve a softer Brexit.
TUC on statutory sick pay: ‘fix this gaping hole’
Two in five workers will be unable to pay their bills if they have to self-isolate for two weeks on...
Money worries affecting mental health of mid-life employees
Three out of 10 adults in the ‘sandwich generation’ are concerned about the impact pandemic-related financial strain is having on...
Business must do more to promote workers’ financial wellbeing
Half of the UK's workers worry about money at least once a week and most feel unsupported by their employers when it comes to financial wellbeing.
Coronavirus and Black Lives Matter affecting wellbeing of most staff
The events of 2020, from the coronavirus pandemic to the extent of systemic racism exposed by the Black Lives Matter...
Poor data and skills hampering ability of employers to evaluate wellbeing
Employers are being hampered in their ability to assess the effectiveness of wellbeing initiatives by a lack of good quality...
How can HR address concerns over Covid-19’s impact on pensions?
The coronavirus has impacted not just pay but longer-term investments such as pensions. Naturally employees will have concerns over the...
Reward and recognition? The future of pay after coronavirus
We want to give key workers a pay rise, while an unprecedented quarter of the UK workforce has had the...
How can HR help employees with the financial impact of coronavirus?
Personal financial worries could well affect employees' productivity in the months ahead as the economy reels from the pandemic's impact. What can HR do?
Employers ‘at a loss’ about how best to support staff diagnosed with cancer
One in 10 UK organisations (9%) do not consider it their responsibility to offer financial, practical or emotional support to...
Two-thirds experiencing disturbed nights and sleep problems during lockdown
The lockdown is having a considerable effect on workers’ sleeping habits, with almost two-thirds (63%) of people reporting that the...
Acas chief: Why kindness is key at times like these
Acas chief executive Susan Clews outlines some of the key points from its new mental health guidance and highlights some...
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