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The cost of living continues to outpace wage growth in the UK, prompting concern among some experts about how HR will handle the pressure of supporting staff while also competing in the labour market.
Latest figures of the Office of National Statistics (ONS) show that wages rose between October and December 2021, but when taking inflation into account, average pay fell by 0.8% from a year earlier.
How can HR support workers’ financial wellbeing?
Read more on HR Grapevine.
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