Tag: costofliving

  • Ways to Help Employees with Cost of Living Crisis

    Ways to Help Employees with Cost of Living Crisis

    Many employers are either looking at a salary review if they can afford it or a one-off cost of living discretionary bonus which could be paid as a set amount over the winter months to assist with spiralling costs. It is essential to make it clear however that the discretionary bonus is a one-off bonus,…

  • What steps can an employer take to reduce the wage bill?

    What steps can an employer take to reduce the wage bill?

    What can an employer do if you simply cannot afford to pay wages? Hopefully, this question does not arise simply out of the blue. However, over the last 6 months, some businesses have been faced with significant cost increases which have led them to cease operating in some areas, close part of a business down,…