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Retiring in turbulent times: what employees need to consider

Employee Benefits

and is expected to remain high for some time, intensifying the existing cost-of-living crisis. It is a difficult time for many people, but what about those planning to retire? Work out a financial plan for retirement. Can they afford to retire? Inflation in the UK was at a 41 year high in October at 11.1%

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Retiring in turbulent times: what employees need to consider

Employee Benefits

and is expected to remain high for some time, intensifying the existing cost-of-living crisis. It is a difficult time for many people, but what about those planning to retire? Work out a financial plan for retirement. Can they afford to retire? Inflation in the UK was at a 41 year high in October at 11.1%

Pension 52
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2024 workforce predictions: technology, ageism, and the flexibility to stop being so flexible 

Achievers

As 2024 takes shape, we expect to see a bit of a shake-up, with HR prioritizing key areas such as the employee-employee relationship, fostering trust during change, an unsettled talent market, defining workplace flexibility, and the pressures and opportunities of technology in the HR space. Here are our workforce predictions for 2024.

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5 Surprising Statistics About the State of Employee Financial Wellness

Best Money Moves

5 surprising statistics about the state of employee financial wellness. Economic uncertainty has reshaped how employees think about their benefits. Here are key insights into the state of employee financial wellness. Economic uncertainty throughout the past few years has reshaped how employees think about their benefits.

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Sleepless in Silicon Valley: What Keeps CEOs Up At Night

HR Digest

Their astute observations on the dynamics between employers and employees, influenced by demographic shifts and economic fluctuations, resonate in the turbulent aftermath of the COVID-19 era. (L-R): The discourse on employee well-being takes on new dimensions with Anthony Horton’s perspective.

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What is the impact of the cost of living crisis on people’s ability to save for retirement?

Employee Benefits

It revealed that of those saving into a pension scheme over the past twelve months: 13% have reduced their contributions and a further 20% are considering doing so over the coming months. 17% of those old enough to do so have withdrawn money from their pension savings to meet short-term needs.

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How to implement flexible pension policies

Employee Benefits

Flexible pension policies can help employees shore up short-term financial wellbeing, while still saving for the future. With strict regulatory control, it might be difficult to see where employees can personalise their approach. Organisations might consider flexibility as a route to helping employees think both short- and long-term.

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