Cost-of-Living | Case Studies
  • ASDA: £1 meal deal for OAPs is part of its new ‘winter warmer’ initiatives Find out more
  • ASDA: To support its colleagues, ASDA has removed the 12-week qualifying period for Colleague Discount in stores and online until October 2022, that meant new recruits would be able save 10% on their shopping with the supermarket from their first day of employment. ASDA recruits around 2,000 new starters each month and with no cap on how much colleagues can spend using their discount card, the benefit is worth around £400 per year to colleagues. The supermarket announced shop floor colleague pay would increase to £10.10 per hour in July – as well as an annual bonus opportunity.
  • Aviva: is pledging £7m to Citizens Advice and £2m to the Money Advice Trust’s Business Debtline service. Around 50 new Citizens Advice advisers will help support as many as 250,000 additional people, and will have 50% increased capacity to deliver advice through their website. An additional team of Business Debtline advisers will take an extra 25,000 advice calls and appointments.
  • Aviva: in an effort to help tackle the financial pressures, the Aviva Community Fund has announced an additional £2m funding to causes supporting financial wellbeing in their communities. Non-profit organisations can now apply, and receive matched funding for public donations from 4 October 2022. Read more about Aviva’s fund.
  • Firstsource: works with Wagestream* and has had it in place for around three years. The company is now seeing some approx. 1,400 users in the system. An average of £175 is drawn down each month with 35% stating they are taking it to pay a bill. Firstsource has also seen saving pot increases last year with £319,000 saved collectively last year. 726 employees have availed of the financial coaching.
    * Wagestream gives employees power over pay, which means the ability to instantly access, track, save and manage earned wages.
  • Iceland: Prices of hundreds of the £1 Iceland value lines have been retained, providing reassurance to customers.
  • Marks & Spencer (M&S): A £15 million investment has been made to support front-line employees, increasing base pay for hourly-paid employees. Full-time employees receive £100 more a month compared to October 2021. Those salaried at pre-management to get one-off £250 M&S voucher. Feedback led to additional support and benefits, including free meals on shift, sanitary products, financial planning workshops, health benefits and support from an M&S nutritionist.
  • PWC: Over half of staff to receive a 9% pay rise and 70% to get at least a 7% pay rise. Increasing entry-level salaries by 10% in audit and 8% in consulting.
  • Shoosmiths: The Shoosmiths Foundation is awarding grants to help address societal issues, empower sustainable change and to improve the lives of the people and the environment in the UK. Recent grants are helping over 100 young people gain qualifications or get back into employment, education or training.
  • Tesco: Employees working at distribution centres managed by Pertemps have been given a 9.5% pay rise.
  • Tesco has pledged £1m to the food bank aid charity The Trussell Trust for its emergency appealHelp Keep Food Banks Going This Winter

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