One of the UK's largest trade credit insurance firms, Atradius, which is headquartered in Cardiff Bay, is giving its staff a second cost of living payment worth £2,000.
The insurer, which employs 426 people across the UK and Ireland, said 99% of employees except senior managers will receive the payment which will be given in four instalments of £500 from this month. This includes graduates, those on temporary contracts, and interns.
Atradius gave its staff an initial payment of £1,600 in October last year. The management board made the decision to offer a second cost-of-living payment to continue supporting employees as inflation continues to rise and people face record-high prices on fuel, food and energy.
