Posted: Tue 25th Oct 2022

Airbus hands UK workforce one-off £1,500 payment to help with ‘current inflationary environment’

News and Info from Deeside, Flintshire, North Wales
This article is old - Published: Tuesday, Oct 25th, 2022

Airbus is giving all its employees in the UK a £1,500 one-off payment to help with the rising cost of living.

The Airbus Executive Committee has decided that an ‘exceptional premium’ all employees in France, Germany, Spain, the UK including apprentices.

Widespread price rises are placing a heavy and direct financial burden on the economies of many countries and companies.

In a statement, a spokesperson said Airbus had decided to award its employees group-wide “with an exceptional premium that will be paid on their next payroll.”

“Around 120,000 Airbus employees will benefit from this premium, including apprentices currently employed by the Company across the world.”

Airbus said: “The premium will amount to €/£1,500 (gross) in Airbus’ home countries – France, Germany, Spain, the UK – and will be mirrored in other countries with a premium calculated as a percentage of the average local base salary.”

“The Company believes that this solution is the most appropriate to support our employees in the short-term as they cope with the current inflationary environment.”

The spokesperson added: “As a reminder, Airbus paid a profit-sharing and incentive bonus to its employees just before the summer and has carried out constructive dialogue with its social partners to implement meaningful salary increase policies.”

Check live fuel prices near you before you set off.

Spotted something? Got a story? Email news (@) deeside.com


Latest News

LATEST NEWS...

Why omnichannel is now the baseline for exceptional customer service

News

Mold to host Tour of Britain Women stage for first time

News

More than 1,150 children take part in triathlon day at Mold Leisure Centre with Alistair Brownlee

News

Wales survey: one in two ten and eleven year olds on social media each week

News

Failed sand equipment and excess speed caused fatal mid Wales train collision, investigators find

News

Welsh Government consults on leaseholder protections under new building safety law

News

New Welsh Government announces £145 million for NHS Wales waiting times

News

Windows 11 & Hybrid Workforce: Boosting Efficiency or Creating New Expenses?

News

Why Are Gamers in Your Area Getting Better Digital Deals Than Ever?

News