Highland staff to benefit from cost-of-living payment
Law firm Ledingham Chalmers is providing a £1200 bonus to each employee to support them with the rising cost of living.
This bonus means each member of staff employed on October 10, 2022 – and not serving notice – will receive a one-off payment.
It is part of a £400,000 pot for staff including discretionary bonuses and the performance-related pay (PRP) scheme.
Managing director Jennifer Young said: “Everyone is dealing with a rising cost of living, and we haven’t underestimated what that means for our colleagues, so it’s important we take steps to provide as much support as we can.
“That’s why, as well as these bonuses and PRP payments, we’ve benchmarked salaries against the marketplace and are reviewing our wider benefits package.”
This decision, the firm says, reflects a positive set of financial results for 2021/22 which include its highest turnover – £12.8 million – since becoming a limited liability partnership in 2006.
Group profits rose to £4.1 million in 2020/21 from £4 million the previous year.
