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How to strike a balance between managing staff wellbeing and financial pressures

Employee Benefits

Credit: Andrey_Popov/Shutterstock Need to know: The cost-of-living crisis is forcing more employees to take on additional work due to financial pressures, raising concerns around burnout. Employers need to ensure there is a culture where people can discuss financial concerns.

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How to keep employees happy on minimum pay rates

Employee Benefits

Credit: M2K7/Shutterstock Need to know: When budgets are under pressure, organisations need to strike the right balance between pay, benefits and other factors such as working conditions and wellbeing. Recent trends in pay suggest that both employers and employees are struggling to make ends meet.

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Sick pay reform should encourage people back into work, government claims

Workplace Insight

A parliamentary committee of MPs has called for a ‘long-overdue’ boost to statutory sick pay (SSP), emphasising the need to strike a delicate balance between workers’ wellbeing and employers’ financial constraints. Under the proposed adjustment, SSP would climb from its current weekly level of £109.40

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Employee financial wellness: Why it matters in the workplace

Insperity

When you think about employee wellness, categories like physical, emotional and social probably first come to mind. But what is your organization doing to prioritize employee financial wellness? For employees, their personal financial wellness is an acute concern right now.

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Workplace stress statistics: how stressed is the UK in 2021?

cipHR

Whether it’s workload, time pressures, issues with pay, holiday allowances or workplace dynamics, our jobs can be the cause of much stress in our lives. The top five cities for financial worries are Cardiff (54%), Sheffield (46%), Glasgow (45%), Liverpool (44%) and Brighton (42%). Workplace stress statistics in the UK. East Midlands.

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