Employers have warned that they expect to see increases in the number of employees experiencing financial difficulties this winter as the cost of living crisis continues, according to a report from Partners&.
The report surveyed more than 160 professionals and highlighted the expected financial challenges employees may face over the next few months. Due to the financial crisis and rising inflation, Partners& revealed that one third of surveyed employers have already made (11%), agreed to make (3%) or are considering making (19%) financial support payments to staff to help alleviate their struggles. Meanwhile, 25% of surveyed employers said they offer some financial education services, with roughly three in 10 (31%) "actively considering" introducing a similar service this autumn. Howeve...
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