Yorkshire Building Society has announced it is giving colleagues financial support to help with the rising cost of living, with a one-off payment of £1,200 for the majority of employees.
All eligible colleagues, which does not include directors, will receive the payment in September, subject to usual deductions. The latest announcement comes in addition to a £1,000 salary increase for the same colleagues earlier in the year, and on top of an average 10.6% pay rise for 740 of the Society’s colleagues received in January.
Staff who will not be eligible include chief officers, directors and any colleagues working their notice following resignation.
