How to talk to your employees about the cost of living crisis

The cost of living crisis is unfortunately ongoing, with the end still far from sight. It’s an issue that affects all aspects of everyday life, and the workplace is no exception.

Financial stress and uncertainty can impact everything from mental health to day-to-day performance at work.

A combination of openly acknowledging the economic turbulence and ensuring that your teams feel supported is the key to ensuring job satisfaction, good employer/employee relations and high levels of talent retention. But how can this be done from a HR perspective? And where do you even begin?

We know it’s a difficult time for everyone, so we’ve put together some tips to help you talk to your staff.