Employers need crucial advice on how to support the wellbeing of individuals who are struggling to keep up with the cost-of-living crisis, and are now turning to multiple jobs or new ways to support themselves.
57% of UK businesses say that rising costs are influencing their strategy for employee benefits. Yet, as companies continue to grapple with attracting key talent, investment in benefits remains a major priority.
The COLC is causing more financial stress for female employees, with 48% of them experiencing 'very' or 'somewhat' stress compared to less than 1/3 of male employees.