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The latest CIPD Employee Outlook Survey shows that employees are concerned over their standard of living and job security.
According to the BBC, around a third of employees questioned felt that their standard of living had decreased in the past six months, and one in five employees believe they are at high risk of redundancy.
Ben Willmott, CIPD senior public policy adviser, said: “Employers need to find cost-effective ways of equipping their line managers with the people management skills to support employee engagement and well-being. They also need to consult and involve staff where major reorganisations or changes in terms and conditions are looming if they are to keep people on side and pulling together to deliver future success.”