Employers leave nearly half of UK workers without cost of living support

Workers more in need than ever

clock • 2 min read

Almost half of UK employees have had no support this year from their employer to help ease the burden of the cost of living crisis, according to a survey, in a trend that is worsening and impacting workers’ mental health.

The results are worse than last year, when a third (35%) of workers said they had received no additional help with managing increased costs. While employer support is lacking, workers are in more need than ever, according to the research by employee benefits provider Unum UK, which surveyed 3,025 full-time and part-time UK employees. Almost seven in 10 (69%) workers admitted the general cost of living has now become their biggest day-to-day concern, up from 61% last year. Pay rises were the most common type of help received by those whose employers did step in. But fewer pay increa...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Employee Benefits

PIB Employee Benefits acquires YouatWork

PIB Employee Benefits acquires YouatWork

Expands product portfolio

Jaskeet Briah
clock 08 April 2024 • 1 min read
91% of employers have hybrid workers

91% of employers have hybrid workers

EAPs critical for employee health

Cameron Roberts
clock 02 April 2024 • 1 min read
Spectrum.Life partners with Duality Healthcare

Spectrum.Life partners with Duality Healthcare

Advancing mental healthcare accessibility

Jaskeet Briah
clock 28 March 2024 • 1 min read