News

One-off payments and ‘emergency lunch’ – how contractors are helping with cost of living

Cost of living crisis
Image: Dreamstime

Keltbray has become the latest contractor to announce a one-off cost-of-living payment to its workers, to help them with rising prices.

The specialist contractor said it would pay £1,000 to all employees on a basic salary of £50,000 a year or less. It will also conduct a pay review for all employees on 1 November. The percentage of pay rise that workers receive will be scaled. Keltbray said it expected to apply the maximum rise of 5% to around 75% of its PAYE employees.

Darren James, chief executive officer at Keltbray, said: “We are acutely aware of the impact that the current levels of inflation are having on the cost of living in the UK. And we want to do all we can to support our people in these challenging times.”

Register for free or sign in to continue reading

This is not a paywall. Registration allows us to enhance your experience across Construction Management and ensure we deliver you quality editorial content.

Registering also means you can manage your own CPDs, comments, newsletter sign-ups and privacy settings.

Story for CM? Get in touch via email: [email protected]

Latest articles in News