We’re giving £1,000 to all staff to offset rising costs

We are giving £1,000 to each of our employees this month to ease the pressure of rising costs this winter.

The money will land in the accounts of permanent members of staff this Friday, regardless of role, grade, working hours or time served with the Society.

Chief Executive Officer, Peter Burrows, said: “Inflation and interest rates have risen to levels unthinkable just a few years ago and you only need to refill your car, visit the supermarket, or pay your electricity bill to notice just how sharply prices have risen.

“We want to do what we can to support our teams through a difficult economic period, and while we appreciate that the cost-of-living crisis may persist for some time, we hope this will go some way to alleviating some of the pressure.”

We employ around 230 full and part-time people at our central Cambridge head office, in our 13 branches and stores, and in hybrid working patterns.

“We performed particularly well last year, due in no small measure to the talent and dedication of all of our loyal team members, so if felt right to use some of that to support everyone though this challenging period,” said Peter.

“Our ongoing success is a real team effort. Everybody contributes, everybody supports each other, so we’ve awarded everybody exactly the same payment.”