The Rising Cost of Living: Supporting Employees Through Inflation

supporting employees through inflation

Let’s play a quick round of “What Costs More Now?”

  • Eggs

  • Rent

  • Everything on the Chipotle menu

  • Your employees' stress levels

If you answered “all of the above,” you win. Or rather, you lose—because this is the reality your people are living in, and the economic squeeze is only getting tighter.

Tariffs and inflation have teamed up like a buddy cop duo no one asked for. While they chase down macroeconomic objectives, they’re leaving everyday workers with less in their wallets, more anxiety in their minds, and a quiet sense of panic about the future.

How Inflation Is Hitting Home (and Work)

Most people didn’t need a press release to realize the cost of living is outpacing their paychecks. They feel it when the $8 salad is suddenly $12. Or when their utility bill eats into the same budget line they used to buy groceries.

And here’s what happens next:

  • Employees start skipping lunch or working extra shifts to make ends meet.

  • They delay medical care.

  • They withdraw from 401(k)s and rack up high-interest credit card debt.

  • They bring all of that financial stress to work with them.

This isn’t just a personal finance issue—it’s a workplace issue. And if employers don’t step in with support, they’ll start seeing the effects in performance reviews, turnover numbers, and Glassdoor ratings.

Financial Wellness Isn’t Just “Nice to Have” Anymore

For a long time, financial wellness benefits were viewed like office snacks—great to have, but not mission critical. That’s changed.

In a high-cost, high-stress environment, your team needs more than a paycheck. They need:

  • Financial clarity: What should I be doing right now?

  • Practical support: How do I stretch my budget further?

  • Personal guidance: Am I alone in feeling this overwhelmed?

And this is where Your Money Line makes the difference.

Your Money Line’s Role in an Inflationary World

Your Money Line gives employees immediate access to trusted financial professionals—real human coaches—who can help them create a plan, reduce money anxiety, and feel more in control of their future.

Even better, our platform is designed to be:

  • Accessible: Employees don’t need to understand finance-speak to get help.

  • Actionable: Budget tools, planning resources, and timely guidance are built in.

  • Confidential: People can talk about their money without fear or shame.

Whether an employee is wondering how to afford summer childcare or if they should pay off debt or invest first, they can get help. No judgment. No jargon.

Here’s Why I Want You to Know This

Inflation isn’t going to politely wait until you’ve finalized next year’s benefits budget. Your people are feeling the pressure now, and the costs aren’t just financial—they’re emotional, relational, and professional.

You don’t have to solve inflation. But you can respond to it with compassion and a concrete plan. You can give your team a lifeline that helps them move from financial survival mode to a place of stability and confidence.

That’s what Your Money Line is built for. And that’s what your people need.

Stay Informed on Workforce Productivity & Financial Wellness

Subscribe to our HR & Workforce Newsletter for regular updates.
Thanks for subscribing! Look for an email in your inbox soon.
Oops! Something went wrong while submitting the form.