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Rolls-Royce workers receive £100m windfall early after taking 10% pay delay from April

Source | www-thisismoney-co-uk.cdn.ampproject.org | Alex Lawson

Rolls-Royce workers have received a £100million windfall after the beleaguered firm honoured a promise to pay up a portion of salary sacrificed in the heat of the Covid crisis.

Nearly 50,000 staff at the engineer had 10 per cent pay deferred from April until the end of the year as it conserved costs to ride out the pandemic.

The company confirmed to The Mail on Sunday that it had made the payout on Christmas Eve, bringing it forward by three months. 

The payment will help lift morale at the troubled 136-year-old firm, which cut 5,500 jobs this year and saw workers at its Barnoldswick site in Lancashire go on strike.

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Source
www-thisismoney-co-uk.cdn.ampproject.org
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