What has your employer done to support you with the cost of living increases?

[daysayso]

If anything?

Can you specify what they've done and also approx the size of your company in terms of number of employees.

My company has done nothing and I'm a bit miffed about it and wandering if this is normal or not given the current crisis?

Most staff received £500 towards fuel costs. I received a second pay rise, along with selected members of staff (staff who have certain skills and can easily jump from job to job).

Nothing. I wouldn’t have expected anything but I do feel jealous reading some of these.

We have three jobs between us - nothing.

My one day a week job gave me a payrise of 5.5% so I can't complain about that. Nothing from my other job. Government said they'd be giving people in his sector a pay rise, but he's been told his department won't get anything.

A 6% pay rise regardless of performance etc. Also opened a fund for people to apply if struggling with the cost of living. We can already apply for a loan against our salary, but the interest has remained low on this which is good. Started a travel loan for season tickets on the train which now has an extended range. Importantly we don’t have to go into the office; if it’s cheaper to work from home that’s fine. There’s a staff shop which has up to 90% off products. Worth saying my company have been MUCH better than most.

Job uncertainty

British gas; they increased working hours, fired a huge number of employees, reduced holidays and sick pay, decreased wages, took away start from home so working an extra hour a day (on top of the already increased hours) and introduced a new “bonus” schedule which if a job runs over standard time it means you owe the company that time so have to work extra for free.

Well, they just gave everyone supports through the budget. And they have just negotiated a pay increase that we need to vote on (which was not originally intended as a cost of living thing, just overdue, and is not nearly going to match inflation costs but as good as we'll get - I'll be shocked if we don't have something similar to FEMPI cuts again this winter - Financial Emergency Measures in the Public Interesting, which were introduced int eh last recession and only fully reversed spring 2022).

Not a thing! Actually my industry is concerned that as budgets are squeezed people won’t want to / be able to come to the dentist unless in pain and certainly paying for the hygienist is not going to happen- if they are struggling with essential bills

We're getting £2000 split into two payments. I do feel lucky. I love my job (large, v well-known company). There's often overtime available too that is quite well-paid and that you can pick up or leave as suits you. I'm doing a bit of overtime today that should end up at £100 after tax.

NHS Nurse, nothing, we had our payrise backdated from April, but nothing for the associated COL rises.

Nothing, wouldn’t expect them to.

5% one off payrise for everyone earning under £100k specifically referencing cost of living.

Except inflation means they're now paying you less value wise than when you signed your contract. Doesn't seem fair to me.

Large company financial services
Extra £150 in wages for the winter along with a reduction in hours from next year with no salary reduction. People earning less than 30k got a raise. Reduced canteen prices and free parking.

@megletthesecond we have put our prices up to 20% so I’m pretty sure that the company is well and truly up on the deal if they give you a 5% pay rise as an absolute minimum. Ideally you need 10% just to be in the same position as you were this time last year.

Bet they wish that they’d stuck with the NHS Contract‘s now, no sympathy.

Holy shit, how awful!

We're getting a £350 cost of living payment at the end of the month which has been taken from the annual employee reward and recognition awards (it'll mean annual rewards for individuals that have done brilliant work won't be available for a year). My organisation employs around 1000 people and generally treats its staff brilliantly. I was surprised to get anything.

Got a 15% pay rise in June but apparently this is because I’m “doing a good job” rather than any help with cost of living uptick.
That said, most people at my company earn £100k plus apart from our grads who are on about £60-£80k. Also, the more volatile the market, the more my company earns and it’s already a very high margin business/company. (Tech, private sector).

So my answers is nothing but they pay people well as it is, with generous bonuses and benefits, health/dental/breakfast/lunch/flexible working so I think their duty of care towards their employees is done, irrespective of the cost of living.

This is absolutely not true in our sector (IT) and others. We are actively recruiting, signing bonuses available, existing employees are encouraged and rewarded for referring friends and family (with the right skills).

There has been a skills shortage in IT for my entire working life, which started in the mid 1980's.

We do skills outreach to schools, degree apprenticeships and offer a good, even great package of benefits and training. Still can't fill the roles.

Puzzlin'

Small supermarket. 30% discount on own products for 6 months. We usually get 20% and £50 put on membership cards in Oct, Nov and December. Which means we won't have to pay tax on it. I'm happy with it they didn't have to do anything.

DD student on zero hours contract with a small cafe. They gave everyone an extra days pay, which I thought was lovely, as they are all pretty young, and don't really "need" it. But it applied to everyone on their books who had worked a certain number of hours in the last couple of months,

DH's company are giving everyone earning under a certain amount, £1k. They are also setting up a slush fund for anyone in particular difficulty to request help from.

Irony in DH's company was those over the threshold went ballistic, and said it was unfair. They've all had a pay rise too this year.

Nothing. We wfh now as the office was completely closed during covid. If I sit through one more meeting where the Senior Managers all congratulate themselves on how much they saved with no reference to how their staff feel about it I may scream.

We don’t get free tea and coffee……although it doesn’t bother me as I don’t drink either!