Construction organisation Stepnell has stopped its pay cuts two weeks earlier than planned due to a positive growth period.
The organisation introduced the 20% pay reductions for all of its 370 employees, in April 2020 and anticipated this would be in place until June 2020, however employees are now back to receiving 100% pay.
The pay cut which affected all staff including senior management, was implemented across the whole organisation as a safety measure to protect jobs and continue business operations during the Covid-19 (Coronavirus) pandemic.
Tom Wakeford, joint managing director at Stepnell, said: “It was an incredibly hard decision to ask staff to take a pay cut but it was ultimately the most effective way to secure jobs and ensure the business weathered the storm during those first few months of lockdown.
“I’m pleased to say that due to the extremely hard work and dedication of our whole team, the salary reductions have been halted two weeks earlier than originally envisaged.”
“Our quick actions to ensure our sites stayed open and compliant with the relevant health and safety guidelines coupled with some recent projects secured are behind the board’s decisions to return salaries back to pre-Coronavirus levels. Our ability to work in harmony with our supply chain and demonstrate our ability to clients and subcontractors to manage social distancing has been excellent.
“Across the board, our clients are really pleased with how we have adapted with many commenting that we were often the only contractor continuing to operate. The health and safety of our employees, clients and contractors are always at the forefront of everything that we do. With stringent planning and thorough risk assessments, we empowered all our colleagues to work safely.”