Article - HR leaders say cost-of-living crisis is affecting employee performance, survey finds

This article sheds light on a pressing issue affecting workplaces across the UK. According to a recent survey featured in People Management, HR leaders are observing a significant impact of the cost of living crisis on employee performance.

The survey reveals that the financial strain is not only affecting employees' mental and physical health but also their ability to perform at work. This situation underscores the urgent need for organisations to address financial wellbeing as a critical component of their workplace wellbeing strategies.

Here are some key takeaways from the article:

🟣 A substantial number of HR leaders report that the cost-of-living crisis is directly impacting employee performance.
🟣 Many organisations are now considering or have already implemented measures to support their employees financially, such as salary increases, one-off bonuses, or financial wellbeing resources.
🟣 This article serves as a crucial reminder of the interconnectedness of financial wellbeing and mental health, and the role employers play in supporting their staff through challenging times.

I believe this opens up an important conversation for us:

💡 How can we, as a community focused on workplace wellbeing, support organisations and employees during the cost of living crisis?
💡 What strategies or initiatives have you found effective in your workplace?

Let's share ideas and experiences to help each other navigate these challenging times. Your insights could provide valuable support to someone in our community.