Talking salary in a cost-of-living crisis

Money talks – but it can be hard to talk about. Here's how to have a conversation about pay.

Subscribe   /   View in browser   /   Invite a friend 24 January 2023 If your salary hasn't gone up at the same rate of inflation, you've essentially received – or, if you're a business owner who pays employees, given – a pay cut. Luckily, we've got five stories to help you navigate the salary talk. Brought to you by Grand Seiko.       01 Talking salaries in a cost-of-living crisis With prices on the rise, it won't be long before your staff ask for more cash to help with the cost-of-living crisis. Here's how to approach the conversation when the time comes. Read more With prices on the rise, it won't be long before your staff ask for more cash to help with the cost-of-living crisis. Here's how to approach the conversation when the time comes.       02 Business owners, pay yourself too In between all the other hats you're spinning as a business owner, it's pretty easy to forget to pay yourself. Here's how to factor your own salary into your business. Read more In between all the other hats you're spinning as a business owner, it's pretty easy to forget to pay yourself. Here's how to factor your own salary into your business.       03 Should you pay employees early? Earned wage access – paying people for their work when they need it, instead of on payday – is gaining attention. But there's no such thing as free money. Read more Earned wage access – paying people for their work when they need it, instead of on payday – is gaining attention. But there's no such thing as free money.       04 Everything you need to know about salary bands  You need to have a structured, equitable and scalable method of paying people. Welcome to the world of salary bands. Read more You need to have a structured, equitable and scalable method of paying people. Welcome to the world of salary bands.     BRAND PARTNER: Grand Seiko Why every brand needs a place to call home A flagship boutique gives brands an opportunity to talk directly to their customers and tell their story. Grand Seiko's new store in London's Bond Street does just that, with exclusive designs and a place to talk watches. Welcome to your new home, Grand Seiko. Discover the new boutique     05 A pay-equity playbook Plenty of business owners think that paying their employees fairly is something that'll just happen organically. But you need to be intentional about it. Read more Plenty of business owners think that paying their employees fairly is something that'll just happen organically. But you need to be intentional about it.

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