Article - Falling living standards | UK workers have over £10k less a year - employers must support them
Started by Amanda Opie
350 points
Amanda Opie
This article from HR Grapevine talks about the new findings from the Resolution Foundation and the The London School of Economics and Political Science (LSE) revealing that UK employees are missing out on £10,700 annually due to economic challenges and inequality. 😟📉 The study highlights a living gap of £8,300 compared to other wealthy Western countries.
Beyond salary increases, there are impactful ways to support our workforce during economic strain. 🤝 Providing financial advice, creating opportunities for open discussions on mental health, and holding regular one-to-ones can make a world of difference.
Let's stand by our employees and show them that we're on their side, fostering a supportive environment even in challenging times. 💪
🚨 Read more 👉 https://www.hrgrapevine.com/content/article/2023-12-07-uk-workers-have-over-10k-less-a-year-employers-must-support-them
350 points
Amanda Opie
This article from HR Grapevine talks about the new findings from the Resolution Foundation and the The London School of Economics and Political Science (LSE) revealing that UK employees are missing out on £10,700 annually due to economic challenges and inequality. 😟📉 The study highlights a living gap of £8,300 compared to other wealthy Western countries.
Beyond salary increases, there are impactful ways to support our workforce during economic strain. 🤝 Providing financial advice, creating opportunities for open discussions on mental health, and holding regular one-to-ones can make a world of difference.
Let's stand by our employees and show them that we're on their side, fostering a supportive environment even in challenging times. 💪
🚨 Read more 👉 https://www.hrgrapevine.com/content/article/2023-12-07-uk-workers-have-over-10k-less-a-year-employers-must-support-them