Law firm Mills and Reeve is rewarding all 1,000 employees with a bonus payment of up to £1,111 due to the organisation seeing a 2.9% increase in turnover during the last financial year.
Full-time employees that have worked at the business for just under a year will receive £966, while those that have worked at the business for five years and above will receive £1,111. The bonus is pro-rated for part-time employees and staff who have been with the firm for less than a year.
Throughout the Covid-19 (Coronavirus) pandemic, Mills and Reeve has supported the wellbeing of its employees with daily updates from the management team, weekly Zoom support calls, pulse surveys, and one-to-one support from its team of wellbeing supporters and champions. It has also signed up to the Mindful Business Charter, a collaboration between leading banks and law firms, committed to driving change by fostering better working practices for mental health and wellbeing.
Claire Clarke, managing partner at Mills and Reeve, said: “It’s easy to forget the months before lockdown and focus instead on how we meet the challenges and opportunities presented by the pandemic but I am enormously proud of everyone in the firm and what we have achieved throughout the year.
“Our growth last year has, without doubt, been affected by the Coronavirus pandemic impacting our final quarter. Undaunted, we have worked incredibly hard maintaining our commitment to and delivering for, our clients. We are responding to the challenges through new ways of working, maintaining our culture and commitment to our people as a great place to work and continuing to invest in technology and infrastructure.
“Whilst we remain in challenging times this has put us in a really strong position as we launch our 2025 strategy, outlining our ambition to become a leader in client experience, innovation, talent development and in the sectors and markets in which we operate.”