Half of employees want salary boost for rising cost of living

80% of staff want help

John Brazier
clock • 1 min read

The majority of UK staff believe their employer should provide assistance with the cost of living crisis, according to research from Canada Life UK.

Research conducted among 2,000 UK adults found that four in five (80%) of respondents believe their employers should provide to support against the rising cost of living, primarily through an increase in salary (54%). Other desired methods of support included an employer contribution towards household bills (23%), the introduction of a travel allowance to combat commute expense (23%), reducing the number of mandatory days in the office (18%) and the provision of one-off support payments (14%). Around one quarter (27%) of respondents said that their employer had promised to provide sup...

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

Zurich launches Precision Cancer Care

Zurich launches Precision Cancer Care

Second medical opinion service also launched

Cameron Roberts
clock 07 April 2025 • 1 min read
Howden completes Barnett Waddingham acquisition

Howden completes Barnett Waddingham acquisition

Deal announced on 25 March, 2025

Jaskeet Briah
clock 07 April 2025 • 2 min read
SMEs to change employee benefit offerings amid NICs increase

SMEs to change employee benefit offerings amid NICs increase

Some 22% to cut benefit offerings

Jaskeet Briah
clock 07 April 2025 • 2 min read