New research reveals how to best support employees through cost of living increases
As the world reels from the impact of the pandemic, global conflicts and economic turmoil, the cost of living is increasing rapidly. Companies are feeling financial pressure as bills mount, and most have little wiggle room in their budgets for salaries, benefits and hiring costs. Employers need to find innovative and cost-effective ways to drive their attraction and retention strategies, while staying within their limited budget. In this report, you'll discover how:
- Cost of living increases are impacting employee performance and productivity.
- Employees' needs have shifted and how employers can adjust their strategies to offer more holistic support.
- Creative and low-cost solutions can extend employees' disposable income without the expense of a company-wide pay rise.