Top 10 stories from this week: should flexible working come at a price?
On one hand, remote working has evolved from a desirable benefit to something that is not only expected but demanded – and surely this shouldn’t come at such a hefty price given that working entirely from home is likely to be expensive amid the cost-of-living crisis.
Additionally, the cost of commuting to work has risen so sharply that some people can no longer afford to travel to the office. But, on the other hand, location-based pay such as London Living Wage – which was designed to mitigate the woes living in a capital city have on your wallet – are arguably no longer applicable if remote working is truly on the cards.
The new policy, while doing very little favours for the employer brand, could potentially have a sound reasoning behind it. But should firms penalise their employees for wanting remote working to be seen as a standard practice, without it diminishing their wage at a time when money talks?
For more reward and employee benefits news you might have missed this week, read our top 10 snippets below.
Law firm says staff can work from home - for 20% less pay
BBC A London law firm has offered staff the option to work from home permanently, but the convenience comes at a price. Read more
Experts warn against cutting remote workers’ pay
People Management After a law firm revealed it would reduce salaries for employees who opted to work from home full time, People Management looks at the risks of employing such a policy. Read more
Majority of workers borrowing money to pay bills, union warns
People Management Key workers have been hit particularly hard by the cost of living crisis, despite having widely been praised for their efforts during the pandemic. Read more
Midlifers set to be hit twice by the cost of living
HR News According to new analysis from Legal & General, the financial responsibility of people in midlife (40 to 60 years old) could rise significantly in 2022. Read more
45% of employers find it difficult to make communication of health & wellbeing support relevant
HR News Research by Towergate Health & Protection shows that 45% of employers have found it difficult to ensure that communication of health and wellbeing support is relevant since the pandemic began. Read more
Employee activism pushing ESG up the board agenda
Corporate Advisor Human resource directors have a chance to guide their company’s strategic focus in the context of social sustainability, according to a Mercer report on ‘people sustainability.’ Read more
Menopausal women being let down by employers
Workplace Insight A landmark study by the Fawcett reveals a shocking lack of support for often severe symptoms. Read more
Almost 70% of employees are stressed in the workplace
HR News A recent survey conducted by alldayPA revealed that the majority of people in full-time employment are experiencing high levels of burnout due to work-related stress and pressures. Read more
10% of women leave the workforce due to menopause
HR Review According to research by menopause specialists, Health & Her, 10 percent of women leave the workforce due to menopause. Read more
UK employers outperforming the rest of the world on wellbeing
HR Magazine Employers across the UK are performing better than companies across the rest of the world in implementing wellbeing policies for workers. Read more