How HR Leaders can Combat
the Rising Cost of Living this Festive Season

Did you know that 53% of Australian employees say that stress from cost of living increases is negatively impacting their work? Unfortunately, only a third of Aussie HR managers feel they are well-equipped to support the financial wellbeing of employees.

With high inflation and rising interest rates, Australians are set to see greater cost of living pressures this holiday season, impacting their productivity and engagement. While a business-wide pay increase might not be an option, there's a lot more that employers can do to mitigate rising costs of living for their people while also keeping business costs low, supporting and engaging their employees by introducing meaningful initiatives that will maximise their disposable income.

Below, we've pulled together some resources to help you make an immediate impact this festive season and reduce cost of living pressures to boost your engagement and retention goals, both in the lead-up to the holidays and throughout 2025.

Reach out to us for more ideas on how to navigate cost of living challenges that we can quickly help you put in place.