Redundancy payments can help cover debt or mortgage, says WEALTH at work
WEALTH at work outlined key areas to consider for those made redundant.
Workers in early 30s prioritise flexible hours over higher pay – Phoenix Group
The study revealed that employees aged 30-34 were more likely to want fewer working hours and were willing to accept less pay.
79% consider leaving jobs due to skills gap – Beamery
Employees cited a lack of internal advancement opportunities (45%), rigid role structures (29%), restrictive policies (25%), and insufficient managerial support (20%) as barriers to utilising their skills.
Women lag behind men in workplace wellbeing, YuLife report finds
The YouGov survey showed only 54% of women rated their wellbeing as "good" compared to 63% of men.
Three-quarters of pensioners report cold homes amid rising energy costs – Age UK
For those with household incomes of £20,000 or less, 35% said their home was too cold most or all of the time.
Scotland’s public sector workforce and pay grow faster than rest of UK, research reveals
Public sector employment in Scotland has increased by 56,000 since 2017.
Millennials most anxious about retirement savings, despite having most time – Standard Life
Around 66% Millennials are concerned they are not saving enough.
Unemployment steady at 4.4% amid declining vacancies and pay growth – ONS
The number of vacancies decreased by 9,000 on the quarter, marking the 31st consecutive drop, but still remaining above pre-pandemic levels.
UK employers face largest redundancy round in a decade, report reveals
The CIPD indicated that redundancy intentions among 2,000 employers reached their highest since the pandemic.
Broadstone advises Geoghegan & Company in £1.5m Just Group pensionbuy-In
The scheme secured benefits for its eight deferred and eight pensioner members with a £1.5m deal, completing the buy-in of its liabilities.
Majority of UK adults rethink retirement due to IHT changes on pensions, survey finds
The survey revealed that 21% intended to withdraw more money from their pensions to spend it, and 19% aimed to gift it.
Young professionals seek financial support for rising energy bills, research reveals
Half (52%) of young people cited the benefits packages as the most important thing they look for in employment.
