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Daily Mirror
Daily Mirror
Business
Levi Winchester

Six companies offering staff bonuses of up to £2,000 including major high street bank

Businesses across the UK are offering their staff one-off bonuses to help them cope with the cost of living crisis.

Inflation has hit its highest level in 40 years, hitting 9% and is expected to reach 11% later this year.

Families are being hit by surging energy bills, record-high fuel prices and rising food shops.

To help ease the burden, some companies have announced one-off bonuses for their members of staff to help them afford their increased bills.

Airlines have also introduced starting bonuses for workers as holidaymakers are hit by travel chaos and cancellations.

The aviation industry is blaming the huge disruption on a lack of staff, after thousands of workers were let go during Covid, and a huge increase in bookings after restrictions were lifted.

Rolls-Royce - £2,000 bonus

Rolls-Royce is giving a £2,000 bonus (Andrew Neil)

Rolls-Royce is giving a £2,000 one-off cash payment to 14,000 UK workers, with the cash to be rolled out from August.

The luxury car maker will hand out the bonus, as well as a 4% pay rise backdated to March, to 11,000 shop floor workers.

Rolls-Royce also intends to give the £2,000 lump sum to a further 3,000 junior managers.

Staff at Derby and Bristol will make up the bulk of the recipients of the additional money.

In total, 20,000 people work for the engine-maker in Britain.

Lloyds Bank - £1,000 bonus

Lloyds Bank will give more than 64,000 workers a £1,000 one-off payment to help with the cost of living.

The payment, which is due to be made in August, will be given to 99.5% of staff but not to senior management or executives.

In the memo to its staff, Lloyds said: "As the rising cost of living continues to impact our people and our customers, we've been assessing the evolving outlook for inflation and considering how we can support you even further.

"With that in mind, I wanted to let you know we'll be making a one-off payment of £1,000 to all our people in grades A - G which you'll receive in your August pay."

Oxford University - £1,000 bonus

Oxford University staff will get an extra £1,000 (Getty Images)

Oxford University is giving all full-time staff a one-off £1,000 bonus to say thanks for their hard work during the pandemic.

The bonus will be paid in July for staff who were in post on 30 April, with the university currently employing around 13,000 workers in total.

Vice-chancellor Louise Richardson said: "We are acutely conscious of the effects of rising inflation and pension changes and we know that this payment will not fully mitigate the challenges of the national economic climate.

"Nevertheless, we wish to take this opportunity simply to say 'thank you' to our wonderful staff who make this institution what it is today."

Bloomsbury - 6% bonus

Harry Potter publisher Bloomsbury will hand out a bonus worth 6% of salary to all its employees.

The group will make the payout to all its 1,000 staff worldwide, 700 of which are based in the UK.

Chief executive Nigel Newton said: “We have had the best financial year in the 35-year history of Bloomsbury.

“The last two years have required everyone to dig deeper, work harder and keep collaborating with each other as we have gone through various stages of online lockdown and return to the office.

“We now find ourselves in new territory with a cost-of-living crises, so our ability to pay this bonus in full is especially important.”

easyJet - £1,000 bonus

easyJet confirmed last month that it would offer both new and existing cabin crew a £1,000 bonus.

The money is expected to be distributed at the end of the summer seasons as part of plans to retain staff.

At the time of its announcement, easyJet said it had hired 1,700 members of crew, up from its initial target of 1,500.

The budget airline yesterday said it will be running 13% fewer flights due to a lack of staff and limits on how many planes can take off at major airports like Gatwick.

British Airways - £1,000 bonus

British Airways is offering new cabin crew a £1,000 "golden hello" as part of plans to recruit more workers.

The company says it will pay new employees £500 after three months and the rest after six months - if they can start before July.

BA had cut around 10,000 staff because of the restrictions placed on the travel industry.

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