Cost Of Living Crisis

Pay rise negotiations are (relatively) easy to manage when the economy is growing and business is doing well but we’re now in a perfect storm, squeezed on all sides, and they’re much harder to deal with. So what can you do? Stay focussed…

Following two years of economic turmoil triggered by the pandemic, many companies would have thought the worst was behind them. Yet 2022 has thrown a new wave of challenges which undermines the productivity, growth, and ultimately, survival…

As first reported by Sky News, aero-engine group Rolls-Royce is to give a one-off payment of £2,000 to 14,000 of its UK employees to help with the rising cost of living. In addition to the lump sum, Rolls-Royce will also offer a 4% pay…

The report, published on Friday, said that Murphy had fixed pay of £1.54 million and performance-related pay of £3.21 million. Tesco also noted that Murphy would receive a salary rise of 2.25% in 2022-23. Last month, Tesco reported a 36%…

Charles Courquin, Director at Symatrix, explains how employers can help their staff through the spiralling cost of living crisis. The rise in inflation, interest rates and national insurance, along with the incoming price cap shift on…