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Rolls-Royce to give staff £2,000 to help ease cost of living crisis – The Guardian

Rolls-Royce is To current Greater than 14,000 staff a £2,000 cost To assist them Deal with the hovering value of dwelling, The primary time the engineering agency has made such a transfer.

The one-off cost will go to shopfloor staff and junior administration, Who’re primarily based mostly On The agency’s two largest websites in Derby and Bristol. They recurrent 70% of Rolls-Royce’s UK workforce of about 20,000.

A Rolls-Royce spokesperson said The agency was offering Almost all of its UK staff a £2,000 money lump sum “To assist them by way of The current distinctive financial local climate”. He said it was The primary time The agency has paid out a money lump sum That might not linked to efficiency, however to the financial local climate.

Inside The latest signal that The worth of dwelling disaster is worsening, The information agency Kantar said on Tuesday that annual meals funds will rise by £380 this yr. Grocery worth inflation jumped To eight.3% in the 4 weeks to 12 June.

Power funds have soared in The united kingdom, petrol and diesel prices have risen to doc extremes and the official inflation price hit a 40-yr extreme of 9% in April. The energy worth cap might attain nearly £3,000 Initially of October, Based on A mannequin new forecast from the evaluation agency Cornwall Perception.

About 3,000 Rolls-Royce staff – primarily junior managers – …….

Source: https://www.theguardian.com/business/2022/jun/21/rolls-royce-staff-cost-of-living-crisis

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