Lifestyle

Thousands of workers to get £2k cost of living bonus to help with surging bills

The cost of living crisis is crippling millions of Brits.

Now thousands of employees at a major firm are set to receive a £2,000 bonus to help with increasing bills.

Rolls-Royce will give money to thousands of staff as well as increasing their pay.

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The engineering giant is the latest company to offer financial help to its workers.

Also 11,000 workers in its UK manufacturing plants will get a 4% salary increase backdated to March.

It is equivalent to an £800 pay rise for a full-time worker earning £20,000 a year.

This marks the first time in the company's 116-year history that workers are receiving a lump sum not linked to performance.

Meanwhile, it said 3,000 junior manager staff will get a lump sum bonus of £2,000.

Employees will get the cash in August, as long as the offer is accepted by trade union Unite.

It means that in total, some 14,000 of the firm's 20,000 employees are set for a windfall.

A spokesman said: "We can confirm that we are offering 14,000 of our UK shopfloor and junior management colleagues, or approximately 70% of our UK workforce, a cash lump sum of £2,000 to help them through the current exceptional economic climate.

"In addition, we are offering our shopfloor staff the highest annual pay rise for at least a decade, back-dated to March, and together these measures represent around a 9% pay increase for them."

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