Mid-year 'cost of living' payment - General - Our Profession

85 Mid-year 'cost of living' payment

10 May, 2022 14:34

Hi everyone,

I was wondering what others thoughts were on paying a one off payment mid-year to help with the rise in the cost of living.

Also if and what other companies were doing to help with the rise of cost of living.

Thanks

45103 views

Charles | 0 Posts

CIPD Staff

15 Nov, 2022 15:03

In reply to Claire :
The CIPD's Labour Market Outlook for Autum 2022 has been published. This issue has a section (6) on employer responses to the cost-of-living crisis. For example, 72% of respondents expect their employees’ financial situation to worsen over the next 12 months; 12% of employers plan to give all their staff a lump sum to help them deal with inflation in the next year, while a further 10% plan to give some of their staff a similar payment; and 37% aren't confident that they will be able to support their employees’ financial wellbeing over the coming year. More at www.cipd.co.uk/.../labour-market-outlook-autumn-2022_tcm18-112526.pdf
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Steve Bridger | 0 Posts

Community Manager

29 Nov, 2022 10:47

In reply to Steve Bridger:

Cost of living Twitter chat tomorrow, for those who are interested...
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Johanna | 0 Posts

CIPD Staff

30 Nov, 2022 10:40

Hi everyone - the CIPD and some expert guests are hosting a live twitter Q&A today (Wed 30 Nov) at 11:30 - 12:30 GMT on employer support during the cost of living crisis. If you'd like to follow along and join in, please go to the hashtag #AskTheCIPD and select 'latest' to see the latest tweets.
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Charles | 0 Posts

CIPD Staff

5 Dec, 2022 15:59

In reply to Johanna:
This new CIPD blog explores how UK employers have been supporting their staff through the cost-of-living crisis and how they plan to support them in the coming year community.cipd.co.uk/.../wage-rises-and-other-cost-of-living-support-provided-by-employers
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Steve Bridger | 0 Posts

Community Manager

7 Dec, 2022 08:47

In reply to Charles:

Flagging this new thread, which those who have contributed to this discussion might like to follow...

Supporting employees with cost of living pressures - a nice idea in principle!
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Ian | 0 Posts

8 Dec, 2022 10:07

In reply to Steve Bridger:
i cant follow that link for some reason
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Steve Bridger | 0 Posts

Community Manager

8 Dec, 2022 10:22

In reply to Ian:
Hmm... works for me. Anyone else?
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Ian | 0 Posts

8 Dec, 2022 10:24

In reply to Steve Bridger:
i get

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Charles | 0 Posts

CIPD Staff

8 Dec, 2022 10:30

In reply to Ian:
Does this link work community.cipd.co.uk/.../supporting-employees-with-cost-of-living-pressures---a-nice-idea-in-principle ?
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Ian | 0 Posts

8 Dec, 2022 10:30

In reply to Charles:
nope - must be an issue i have
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