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- 24th Aug 2022
Supporting households through the cost of living crisis
Inflation is running at a 40 year high and the Bank of England forecasts that the UK will enter a recession by the end of the year. Many people across the country are facing enormous pressure, which is only mounting. Tackling this will be a huge policy challenge over the…
- 23rd Aug 2022
How to apply behavioural insights to meet the FCA’s Consumer Duty
In July 2022, the FCA published its long-awaited policy statement and guidance on the Consumer Duty. As we wrote in our previous blog on the Consumer Duty, in a clear break from past regulation, it requires firms to put rigorous evidence on consumer behaviour at the heart of what they…
- 11th Aug 2022
Out now! A Behavioural Insights Toolkit for Entrepreneurship Programming
For those looking to examine behavioural components of entrepreneurship policy and programming, we’ve collated our experiences and methods in a step-by-step toolkit that will take you through the process of breaking down your objectives into specific behaviours in order to better understand the challenges and barriers faced by would-be entrepreneurs.
- 27th Jul 2022
Structure of pay - an evidence-based framework
The most common way to attract, retain and reward people - particularly in the private sector - is to use financial incentives including salaries, bonuses, leave or pension contributions. Financial incentives can be powerful, but they are difficult to design well and can produce a myriad of unintended consequences. On…
- 27th Jul 2022
High prices, high pay? How to attract and retain staff when inflation is high
Given the tricky economic situation, many employers are considering how they can best structure pay and reward to attract, retain and motivate staff, while balancing affordability
- 8th Jul 2022
Encouraging employees to return to the office while maintaining flexibility and choice
Hybrid working is here to stay. Although many organisations offer hybrid work arrangements, there are still some ongoing challenges. Specifically, organisations have observed misalignment and even tension between managers and employees about their preferred number of days in the office. This is described in detail in the recent RMIT report,…
- 15th Jun 2022
Can banking institutions use prize draws to help customers save money?
To help people save more of their money, banks, building societies and credit unions have launched accounts in recent years known as prize-linked savings accounts. These accounts represent an innovative approach that enters savers into a periodic cash prize-draw if they save regularly. They can be a powerful tool to…
- 13th Jun 2022
Increasing economic mobility by bringing together nine US cities
Economic mobility lies at the heart of the American dream—that everyone be able to reach their highest aspirations through equal access to opportunity in education, employment, and more. However, this dream is far from reality, especially for communities of color and people struggling to make ends meet.
- 9th Jun 2022
Staggering rises in energy bills, the highest level of inflation in decades - there’s no shortage of numbers that drive home the stark reality of the current cost of living crisis. But there’s one that is conspicuous by its absence, and it’s for one of the most valuable things we…
Ed is an Advisor in our Energy, Environment & Sustainability team. His work spans across a range of policy areas including green finance, transport, labour markets and organisational behaviour. Prior to BIT, Ed worked as an Account Manager at IBM, overseeing a portfolio of clients across Australia and New Zealand.…