UK Employers Struggle over Cost of Living Crisis Set to Continue

On Wednesday, 17th May our 2nd Cost of Living Crisis webinar will see a range of experts take the debate to a new level and look at more innovative ways to support beleaguered #HRprofessionals who are firefighting on several fronts right now. An expert analysis of exactly how long, how bad and how manageable the crisis is, should provide a sensible planning framework for starters.

Our first?cost-of-living crisis conference?last November saw around 150 large UK employers gather to examine the problems and possible solutions thrown up by the current crisis. It’s a perfect storm like no other; a huge hike in #costofliving concurrent with one of the worst recruitment crises on record.

"An excellent and well rounded sessions covering the whole crisis in a nutshell"

Financial obligations and the recruitment crisis go hand in hand

As well as providing valuable financial guidance and education to struggling employees, employers also need to be aware that the need to meet financial obligations means, many employees may quit their jobs for a higher-paid post, thus exacerbating an already difficult recruitment problem.

Our November conference featured a range of experts who provided some practical solutions these challenges. We examined financial and non-financial benefits and looked at tax and pension implications for employees.

"Great insights into the impacts of financial stress on mental health, the importance of confident managers to have conversations and signpost for help."

Mental health experts illustrated the effect of severe financial stress and gave employers some of the key warning signs to look out for. Difficult conversations are tough but vital for employers to ensure they keep their finger on the emotional and financial pulses of their organisations.?

70% of HR professionals identifying the financial crisis as this year’s biggest challenge

But the journey is far from over. Six months on we are running a free follow up webinar to support organisations with updates on the latest creative solutions.

"I enjoyed the discussion about alternative incentives, as our organisation had not considered these."

Communication, as the pandemic crisis proved, is always key. We’ll be examining optimum ways to address this tricky subject in a sensitive and practical fashion, as well as learning about some of the latest innovative thinking to share with struggling employees.

"Highlighted some very key issues and viable practical solutions."

Nobody wants a #recruitment headache, so we will also arm employers with some expert advice on the best recruitment and #retention strategies; D&I policies will be under close scrutiny at this time as potential candidates do their homework.

"Very high quality of content discussed".

Sign up today

This free webinar supported by Mindful Employer is an information packed hour that will deliver practical solutions to support your employees through the economic downturn.

Hear from: Duncan Brown Principle Associate Institute for Employment Studies and Visiting Professor University of Greenwich , Katherine Chapman Director - Living Wage Foundation , Carolina de Almeida Kennedy - Advocacy Focus and Niamh Nicholson - Anxiety UK

FREE Registration & full agenda >> 2nd Supporting Employees Through the Cost of Living Crisis Conference

#FreeWebinar #CostOfLivingCrisis #livingwage #MentalHealth #WorkplaceWellness #HumanResourcesManagement #hr #FinancialWellbeing #DiversityAndInclusion