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HOW TO SUPPORT EMPLOYEES STRUGGLING WITH THE COST OF LIVING

Employee Benefits

The cost-of-living crisis has impacted all areas of our lives, with some households struggling to manage rising fuel and food costs. Tough decisions are being made that affect not only your employees’ bank balance but also their physical and mental health.

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How to support employees struggling with the cost of living

Sodexo Engage

Summary:

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Reducing absenteeism & sending National Sickie Day on its merry way!

Employee Benefits

Statistics show that it’s the day of the year when UK employees are most likely to call in sick. In 2020, around 600,000 workers called in sick on that ‘one day’, costing the UK economy almost £45 million in lost revenue! Read on to discover how we can reduce absenteeism in an employee-centric way. in 2019 to 7.8

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Creating a brighter tomorrow… financial wellbeing and mental wealth

Employee Benefits

Employees with poor mental health are likely to be more heavily impacted by financial worries and less likely to make sound financial decisions. Read on to explore the employee benefits that can help alleviate financial pressures during the cost-of-living crisis, enhancing mental health or wealth.

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Third of UK adults experience a high level of stress each year

Workplace Insight

Meanwhile the survey suggests workplaces could be ill-prepared to support staff experiencing high levels of stress, with nearly half of workers (49 percent) saying their employer doesn’t have a plan to spot signs of chronic stress and prevent burnout, while a further 22 percent don’t know if their employer has such a plan in place.

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Why it pays to enhance employee financial resilience

Employee Benefits

We’ve released a brand-new eBook – Money Mastery: Proactive and affordable steps to enhance employee wellbeing. To gather our exclusive data, we interviewed over 2,000 UK employees and over 500 HR professionals to discover the state of employee financial wellbeing. Employees with money worries cost businesses money.

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How can pay transparency manage employees’ expectations around salary?

Employee Benefits

When it comes to asking for a pay rise, knowing what those in a higher position are earning can help employees create more realistic expectations in terms of what they should be asking for. A more holistic approach should include the provision of financial wellbeing education and support.

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