{"id":1681411,"date":"2022-10-10T08:50:22","date_gmt":"2022-10-10T12:50:22","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1681411"},"modified":"2022-10-10T08:51:00","modified_gmt":"2022-10-10T12:51:00","slug":"factbox-european-companies-offer-one-off-bonuses-hike-pay-amid-cost-of-living-crisis","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/factbox-european-companies-offer-one-off-bonuses-hike-pay-amid-cost-of-living-crisis\/","title":{"rendered":"Factbox-European companies offer one-off bonuses, hike pay amid cost-of-living crisis"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ffactbox-european-companies-offer-one-off-bonuses-hike-pay-amid-cost-of-living-crisis%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1681411&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>(Reuters) -Companies across Europe are offering one-off bonuses and are under pressure to increase pay to help staff with surging food and energy bills over the winter, while many are bringing forward scheduled wage negotiations.<\/p>\n<p>Here are some of the examples by sector:<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\">\n<\/div>\n<p>AUTOS, AIRLINES AND TRAVEL:<\/p>\n<p>BREMBO <\/p>\n<p>Brake maker Brembo in May announced a 1,000 euro  ($977) gross one-off salary increase to its employees in Italy.<\/p>\n<p>STELLANTIS<\/p>\n<p>Automaker Stellantis said on Sept. 27 it would provide financial support worth up to 1,400 euros to most of its employees in France and would soon discuss a similar move in Italy.<\/p>\n<p>Italian unions representing staff at Stellantis, Ferrari, Iveco and CNH Industrial have demanded a wage rise of 8.4% in 2023.    <\/p>\n<p>AMSTERDAM SCHIPHOL AIRPORT<\/p>\n<p>Amsterdam Schiphol airport is offering security workers a pay rise of 20% on average in a bid to solve ongoing staff shortages, labour union FNV said on Oct. 6.<\/p>\n<p>AIR FRANCE<\/p>\n<p>Air France on Sept. 14 said it would raise salaries for all staff by 5% in anticipation of wage talks due next year, and make a 1,000 euro bonus payment.<\/p>\n<p>RENAULT<\/p>\n<p>Carmaker Renault in September offered staff over 1,000 euros in exceptional payments.<\/p>\n<p>LUFTHANSA<\/p>\n<p>German carrier Lufthansa on Sept. 12 agreed to a 980 euro pay rise for its Germany pilots.<\/p>\n<p>BRITISH AIRWAYS<\/p>\n<p>British Airways on July 22 accepted a new pay offer for staff at Heathrow airport which included a consolidated pay rise of 8%, a one-off bonus and the reinstatement of shift pay. <\/p>\n<p>SAGA<\/p>\n<p>British holiday group Saga in September said it is offering one-off benefits to frontline staff which include an 11% pay rise and a one-off cost-of-living payment. <\/p>\n<p>The cost-of-living payment will be made in the form of two cash payments of 500 pounds each. <\/p>\n<p>FOOD AND GENERAL RETAILERS:<\/p>\n<p>TESCO <\/p>\n<p>Britain\u2019s biggest retailer Tesco said on Oct. 5 it will raise its minimum hourly by 20 pence to 10.30 pounds ($11.60) from Nov. 13, in addition to its offer of better perks to its workers announced in September, which include free food and essentials. <\/p>\n<p>CURRYS<\/p>\n<p>British electricals retailer Currys said on Sept. 30 it had raised hourly pay rates for a third time in 13 months, adding that from Oct. 30 hourly paid staff across the UK would get a minimum rate of 10.35 pounds ($11.66), up 3.5%.<\/p>\n<p>CO-OPERATIVE GROUP<\/p>\n<p>Britain\u2019s Co-operative Group on Sept. 29 said it is looking to give a 5.3% hike to 41,000 of its frontline workers. <\/p>\n<p>A.G. BARR <\/p>\n<p>Soft drink maker A.G. Barr said on Sept. 27 it had offered a 1,000 pound one-off cost-of-living special payment to its employees paid under 45,000 pounds. <\/p>\n<p>CARREFOUR<\/p>\n<p>France\u2019s biggest retailer Carrefour on Sept. 22 offered a 2.5% pay hike from November this year, including a 100 euro extra payment in October.<\/p>\n<p>The offer means an overall 8.3% wage increase when compared to August 2021<\/p>\n<p>JOHN LEWIS <\/p>\n<p>British retailer John Lewis said in September it would pay a one-off cost of living support payment of 500 pounds for full-time employees.<\/p>\n<p>ALDI UK <\/p>\n<p>German-owned discount supermarket group Aldi UK said on July 25 it would pay a minimum of 10.50 pounds and 11.95 pounds in London \u2013 rises of 4% and 3.5% respectively \u2013 from September.<\/p>\n<p>SAINSBURY\u2019S<\/p>\n<p>Supermarket chain Sainsbury\u2019s said on Sept. 13 it will from Oct. 16 pay workers a minimum of 10.25 pounds, up from 10.00 pounds, and 11.30 pounds in London, up from 11.05 pounds. <\/p>\n<p>That\u2019s equivalent to a pay hike of 7.9% this year for hourly paid workers.<\/p>\n<p>MORRISONS <\/p>\n<p>Supermarket chain Morrisons on June 10 said it would pay a minimum of 10.20 pounds from October, with London workers paid a minimum of 11.05 pounds.  <\/p>\n<p>MARKS &#038; SPENCER<\/p>\n<p>Retailer Marks &#038; Spencer said on Sept. 21 it would pay a minimum of 10.20 pounds, up from 10.00 pounds, from Oct. 1. It says the annual rise is 7.4%.<\/p>\n<p>LIDL GB<\/p>\n<p>German-owned discount supermarket Lidl GB said on Sept. 22 it will from Oct. 1 pay workers outside of London a minimum of 10.90 pounds an hour, up from 10.10 pounds, and workers in London a minimum of 11.95 pounds, up from 11.30 pounds. It says the annual rise is 10% to 14.5%.<\/p>\n<p>LUXURY GOODS:    <\/p>\n<p>French fashion giant LVMH announced a bonus payment for 27,000 of its staff in France on Sept. 29 that would range from 1,000 euros to 1,500 euros. <\/p>\n<p>ENERGY:<\/p>\n<p>TotalEnergies\u2019 workers are seeking a 10% pay rise starting this year after a surge in energy prices led to huge profits. <\/p>\n<p>On Oct. 9, the company offered to bring forward wage talks due to start in mid-November in a bid to end weeks-long strikes that have disrupted petrol supplies.   <\/p>\n<p>BANKS &#038; FINANCIALS:<\/p>\n<p>NATIONWIDE BUILDING SOCIETY<\/p>\n<p>British lender Nationwide Building Society said on Aug. 15 it will pay more than 11,000 of its staff 1,200 pounds.<\/p>\n<p>HSBC<\/p>\n<p>British bank HSBC will pay some of its British workforce a one-off payment of 1,500 pounds, a memo seen by Reuters on Aug. 1 said.<\/p>\n<p>OTHERS: <\/p>\n<p>SERCO<\/p>\n<p>British outsourcing firm Serco said on Aug. 4 it would hand out an additional 9 million pounds in one-off payments to around 45,000 non-management staff.<\/p>\n<p>($1 = 1.0233 euros)<\/p>\n<p> (Reporting by Sinchita Mitra in Bengaluru; Editing by Jan Harvey)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/factbox-european-companies-offer-one-off\/attachment\/file-photo-a-sign-is-seen-outside-a-lidl-supermarket\/\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/10\/tagreuters.com2022binary_LYNXMPEI8M06G-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI8M06G-BASEIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) -Companies across Europe are offering one-off bonuses and are under pressure to increase pay to help staff with surging food and energy bills over the winter, while many are<\/p>\n","protected":false},"author":66,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1681411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1681411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1681411"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1681411\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1681411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1681411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1681411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}