Younger workers increasingly asking for employer help as rising energy bills bite

Six in ten employees aged 18-34 admit they are concerned about rising energy bills this year and are calling for more support from their employers, reveals new research from employee benefits technology provider, Zest.

Six in ten employees aged 18-34 admit they are concerned about rising energy bills this year and are calling for more support from their employers, reveals new research*. Water UK recently announced that the average water bill for households in England and Wales will rise 26% to over £600 per year from April.

Half (51%) of employees aged 18-34 also worried about increased housing costs while two in five (42%) call for more financial support for childcare.

Two thirds (67%) of younger employees aged 18-34 say the high cost of living means employee benefits packages are more important when deciding where to work whilst six in ten (56%) also admit they would leave their job if another company offered a better benefits package.

Employers need to ensure they are catering to the support employees need – half (52%) of young people say the benefits packages on offer are the most important thing they look for in employment.

Matt Russell, CEO of Zest, says: “The latest spike in bills will pile more pressure on household finances – employers have a vital role to play in offering the enhanced financial support to their employees.

“Employers must ensure they listen to which benefits are most important to their employees – right now, it’s clear that employees are favouring financial support to ease the pressure of rapidly mounting costs.

“Organisations that are able to meet employee demands around reward packages can boost morale and productivity, providing them with a competitive edge. However, employers must ensure they have access to benefits technology that enables them to track the uptake on specific benefits, communicate with employees to understand their needs and adapt support as needed.”

www.zestbenefits.com

*Zest research conducted by independent research agency Opinium which surveyed 2,000 adults weighted to be nationally representative between 22nd – 26th November 2024

Read more

Latest News

Read More

Why emotional intelligence is the secret to effective leadership

28 July 2025

Change Management

26 July 2025

Communicating redundancy proposals is a profoundly challenging task, which directly impacts the lives of those who are leaving. It can also have a ripple effect...

Future of HR

26 July 2025

Despite flexible policies, nearly 4 in 10 still feel guilty being offline...

Newsletter

Receive the latest HR news and strategic content

Please note, as per the GDPR Legislation, we need to ensure you are ‘Opted In’ to receive updates from ‘theHRDIRECTOR’. We will NEVER sell, rent, share or give away your data to third parties. We only use it to send information about our products and updates within the HR space To see our Privacy Policy – click here

Latest HR Jobs

Natural Environment Research Council – NERC – Research and Skill Directorate (Discovery Team)Salary: £36,650 per annum. UKRI Band D

Scholars School SystemSalary: £45,000 to £50,000

Human Resources Manager – Manufacturing – Birmingham We are delighted to represent a prestigious, multinational manufacturing organisation in their appointment of a Human Resources Manager

Job Title: Human Resources Manager Location: Office-based, Palmers Green N13 Job Type: Full-time, Permanent Salary: £40,000 – £45,000 per annum (dependent on experience) Overview We

Read the latest digital issue of theHRDIRECTOR for FREE

Read the latest digital issue of theHRDIRECTOR for FREE