Global law firm Kennedys has resumed its annual global salary increase and bonus reviews, that were initially put on hold due to the financial uncertainty resulting from the Covid-19 (Coronavirus) pandemic.
The delayed salary performance-based reviews, which were due to take place in May 2020 for non-lawyer employees and September 2020 for lawyers, have now been rescheduled for November 2020 after the organisation saw a 9% increase in growth over the past 12 months.
Kennedys has not made any redundancies, reduced staff hours, introduced pay cuts, or placed any employees on the government furlough scheme. The organisation is also honouring its trainee and apprenticeship scheme and is employing 27 trainees in August and 11 apprentices in September.
Nick Thomas, senior partner at Kennedys, said: “It gives me immense satisfaction and pride to lead a partnership which chooses to reward our staff during what is a challenging time for so many businesses. The reality is that [employees] have earned it and deserve it having demonstrated their ability to maintain productivity remotely.
“As a business, we live and breathe by doing the right thing for our people and our clients, and we will never lose sight of the fact that our success is down to our people.
“We make these increases partly off the back of an excellent financial year, but also with an eye on further success. We are certainly not immune to the challenges of the pandemic, but we are a strong, well-run business and will proceed this year with a combination of cautious optimism and a focus on continued growth.”