Cost-of-living crisis | Rising living costs are crippling employees' mental health - here's how HR can help

Rising living costs are crippling employees' mental health - here's how HR can help

The cost-of-living crisis shows no sign of ending. Interest rates and inflation continue to rise at record rates, and according to the latest research from Which?, two-thirds of people have had their financial security negatively affected to some extent, which has meant some households are falling behind or struggling to pay for essentials.

Worryingly, almost half of households across the UK have been struggling to keep up with their rent or mortgage payments, and nearly one in 10 have fallen behind on them.

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