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Virgin Money decided now is the right time to offer staff more financial support, says CEO. Photo: Henry Nicholls/Reuters
Santander UK and Virgin Money (VMUK.L) have become the latest firms to help employees cope with the cost of living crisis amid soaring inflation that is eating away real terms pay.
Santander said that it would give 11,000 employees a 4% pay increase from the start of August to âhelp with the increased cost of living.â
âThis 4% pay raise will make a real diff...
>>> Read more: Virgin Money and Santander boost staff pay to help with cost of living
Santander UK and Virgin Money (VMUK.L) have become the latest firms to help employees cope with the cost of living crisis amid soaring inflation that is eating away real terms pay.
Santander said that it would give 11,000 employees a 4% pay increase from the start of August to âhelp with the increased cost of living.â
âThis 4% pay raise will make a real diff...
>>> Read more: Virgin Money and Santander boost staff pay to help with cost of living
