You care about your team and want to support them through the cost of living crisis. If money were no object, you’d increase their salaries tomorrow. Unfortunately, it’s not the reality. Your business is also having to tighten the purse strings as it deals with rising costs, and there are various factors to bear in mind when considering if you can afford to increase staff salaries. Should I increase my employees’ salaries to help with the cost of living? – let’s explore this in more detail.
You can read our full guide here.