Chieu Cao has been quoted amongst other industry experts in an article released by ABC Money. The article explores the topic of increasing UK inflation and how more support should be given to UK adults in this challenging climate.
With Mintago’s recent research revealing that 68% of UK employees have not received a pay rise in line with inflation, Chieu Cao has suggested that the financial burden faced by Britons is likely to remain the same for a long period of time. He suggests that employers must play their part in helping their employees to regain financial stability. If employers cannot justify giving their team a pay rise, they should adopt alternative methods such as providing employees with useful tools including access to financial wellbeing platforms, pension dashboards and free financial advice.
Read the full article to benefit from industry expert comments and learn more about supporting employees during the cost of living crisis.