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Birmingham Post
Birmingham Post
Business
Tom Pegden

Almost 150 Hinckley & Rugby Building Society staff get cost-of-living bonus

Hinckley & Rugby Building Society has given staff a one-off payment of almost £700 to help them through the cost-of-living crisis.

As day-to-day prices keep going up and the average household’s yearly home energy bill set to rise from £1,971 to £3,549 from October, almost 150 staff, from across the mutual's head office and branch network in Leicestershire and Warwickshire, will get the money with their August salaries. The extra payment will not be given to executive committee members or board members.

Chief executive Colin Fyfe said: “Our purpose is, and always will be, to support the financial security of our members. This is only possible by ensuring that our staff are supported to provide the high standards of service which benefit our members.

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