Category: Resilience
Pay in a Recession: How to grow in-built Resilience
Sarah Lardner | 10 February 2023
Pay Fairness | Pay & Reward | Resilience
Whether the current economic climate is confirmed as a recession or not, there is no question that we are in the middle of a cost-of-living crisis. According to Resolution Foundation, a typical disposable income for a working-age household is on track to fall by 3% this financial year, and by 4% in the year to April 2024, worse than the last financial crisis. The figures vary but the key message is the same: employees are going to feel worse off in real terms.
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Building Pay Resilience in a volatile market
Sarah Lardner | 20 January 2023
On 17 January BBC online published an article entitled Cost of living: Five tips for asking for a pay rise. It is one of many articles currently being published on the topic, but the website and app are among the most-read in the UK and the article, which offers ‘five tips on how to negotiate for more money' will reach potentially millions of eyeballs.
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