Insights : Innecto Reward Consulting

Category: Resilience

Pay in a Recession: How to grow in-built Resilience

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.

Posted by Sarah Lardner on
10 February 2023

Building Pay Resilience in a volatile market

Pay Data | Resilience

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.

Posted by Sarah Lardner on
20 January 2023

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Insights

Category: Resilience

Pay in a Recession: How to grow in-built Resilience

Building Pay Resilience in a volatile market

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