Shocking new data suggests that one in eight UK employees is not earning enough money to support themselves without having to go into debt to pay for basic household essentials including food and bills.
As the cost-of-living crisis continues to escalate, new research from CIPD, the industry body that supports careers in HR and L&D, has uncovered the fragile state of working Britain’s finances. While one in eight (12%) workers is not earning enough to get by, a further one in ten (10%) do not think their job protects them from falling into poverty.
£5 a month for the first 3 months*
Join our growing community of forward thinking HR leaders and get unlimited access to the full archive, as well as exclusive reports, how-tos, deep dives, and video interviews.
* Billed via Credit/Debit card at £5 a month for the first 3 months, then £27.99 per month.
One time use only. New customers only. Offer expires 11:59PM Sunday 2nd April 2023.
One time use only. New customers only. Offer expires 11:59PM Sunday 2nd April 2023.