Reward Blog

CIPD research shows continued struggle with bills and other commitments

2024-04-15T16:16:38Z

Charles Cotton, CIPD's Senior Policy Advisor on performance and reward. Our latest CIPD Good Work Index survey finds a minor improvement in employees keeping up with bills and other commitments, but a sustained struggle overall. The propo...(read more)

CIPD research shows year-to-year fall in keeping up with bills and other commitments

2023-04-13T14:42:23Z

Charles Cotton, CIPD's senior policy advisor on performance and reward. Against the backdrop of the UK’s worst cost-of-living crisis in decades, with the annual rate of CPI inflation increasing by 10.4% in February 2023, CIPD research finds tha...(read more)

Why employer cost-of-living help can fail universal credit claimants

2022-11-09T12:32:16Z

CIPD invited the Low Incomes Tax Reform Group’s Meredith McCammond to highlight the risks of some cost-of-living support to employees receiving universal credit. The cost-of-living crisis has prompted an explosion of suggestions for how employe...(read more)

Are you losing out through your pension communication?

2022-09-23T16:26:51Z

By Charles Cotton, CIPD’s Senior Advisor on Performance and Reward A new campaign launches later this month in the UK, which gives HR teams an opportunity to review how they communicate about their workplace pensions. Building on the exis...(read more)

Why paying the Living Wage isn’t enough to boost employee financial wellbeing in a cost-of-living crisis

2022-09-22T10:21:00Z

The Living Wage Foundation has announced the new UK national and London hourly rates for the Living Wage: a voluntary rate providing an income that enables people to lead a dignified life and to meet the cost of living. This ...(read more)

For the lower paid, career progression is key to a prosperous future.

2022-06-06T09:35:57Z

Sue Tunmore, People Director – The Co-op. Around the UK, too many people are struggling to find the good work that will allow them to provide for themselves and their families. Worries about the rising cost of living loom large for house...(read more)

Paying the real Living Wage is the right thing to do, but the business benefits are clear too

2021-11-15T13:27:00Z

By Charles Cotton, Senior Policy Adviser for Reward at the CIPD. In the UK, it’s Living Wage Week (15-19 November), The Living Wage Foundation has announced the new rates for its voluntary ‘real Living Wage’ and is celebrating...(read more)

Will the energy crisis fuel interest in workplace financial wellbeing?

2021-10-15T13:58:00Z

By Charles Cotton, Senior Policy Advisor at the CIPD. Just as we see started to see the end of the coronavirus pandemic, the UK’s great cost of living crisis starts to come into view – bringing with it a new source of stress and anx...(read more)

To make work a reliable route out of poverty, employers need to do more than offer a fair, secure and liveable income

2021-07-08T08:00:00Z

Charles Cotton, Performance and Reward Adviser, CIPD. ‘…for increasing numbers of working families around the country, the promise of social mobility through “hard work” as a route out of poverty alone is failing to deli...(read more)

Employee financial wellbeing: whose role is it anyway?

2021-03-05T00:01:00Z

Charles Cotton, Senior Policy Adviser, Performance and Reward As data reported in my previous blog posts and in the latest CIPD Reward Management survey show, indicators of in-work poverty have increased since the start of the pandemic. This should b...(read more)

If people are our most important asset, why aren’t more businesses measuring and rewarding their CEO’s commitment to workforce development?

2020-12-08T13:15:00Z

By Charles Cotton, Senior Policy Adviser – Performance and Reward. HR leaders know too well the struggle that can be involved in getting people matters elevated to the same level as financial ones during executive and board meeti...(read more)

We need to talk about money

2020-11-09T14:24:00Z

By Charles Cotton, Senior Reward Advisor at the CIPD. This week is Talk Money Week, an annual awareness-raising campaign, organised by the Money and Pension Services (MaPS), to get people talking about money.&n...(read more)

Workplace money matters: Ensuring the financial wellbeing of employees is more important now than ever

2020-06-01T08:56:00Z

By Charles Cotton, Senior Reward Advisor at the CIPD.What’s the problem? A CIPD survey carried out in April 2020 of over 1,000 workers found 39% of them saying their financial security had worsened&...(read more)

Closing the gender pay gap: keep calm and carry on reporting

2020-03-26T17:28:00Z

By Charles Cotton, Reward Adviser at the CIPD.The COVID-19 outbreak is putting employers, employees and HR departments under incredible and unprecedented pressure. In light of which, it’s not too surprising that&nb...(read more)

Time to finalise your gender pay gap narrative

2020-03-16T16:09:00Z

By Charles Cotton, CIPD senior adviser for Reward and Performance.There are just two weeks to go before employers must disclose their gender pay gap data (31 March for the public sector and 4 April for the private sector). To date, while around ...(read more)