BBCNEWS BBC News at Ten June 4, 2024 21:16:00
A different approach from other companies. lloyds banking group is paying 64,000 workers a one—off payment of £1,000 this autumn on top of a pay rise of 3.6%. rolls—royce has offered 70% of its workers a payment of £2,000 on top of a pay rise this year of ii%. that offer has been rejected this afternoon by the unite union. these one—off payments are described by management as a quick way to respond to cost of living crisis, by others as below—inflation pay rises in disguise as they get embedded in future pay. but remember — some will see their incomes rise by inflation — the gove...