We're about to advise our employees of their annual salary increase but like a lot of companies, are able to increase salaries by only a fraction of the rate of inflation.
Since February we have been asking employees to come into the office 3 days a week as part of our hybrid working arrangements. We're conscious that with the cost of fuel prices continuing to rise that this requirement to attend the office, along with the salary increase we're able to offer, will impact all those travelling to the office, especially those whose commute is 20-30 miles each way. We're also concerned that the continuing squeeze will lead to employees looking elsewhere.
Has anyone offered any of their employees some kind of additional payment to help cover the increasing fuel costs? If yes, I'd be really interested in hearing what you've done and how it's been received.
Thanks.