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

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.” ‌​‌‌‌​‌‌‍‌​‌‌‌​‌​‍‌​‌‌‌​‌​

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