Firm to hand permanent staff £1,000
Allies and Morrison has become the latest firm to say it is making a one-off cost of living payment with the practice handing permanent staff £1,000 in their next pay packets.
The architect, which will make the payment this week, becomes the first high-profile practice to announce the move which has seen several contractors including Bam, Skanska and Sisk all make similar payments in recent weeks.
Allies and Morrison said staff who have been with the firm for more than two months will be handed the cash.
According to its last set of accounts, the practice, which is working on a revamp of the Barbican Centre, had just over 300 staff in the year to March 2022.
The accounts, which were filed at Companies House earlier this month, show that turnover was down 6% to £33m with operating profit flat at £7m.
The bulk of the firm’s work is from the UK with income during the period from its domestic market up 4% to just under £30m.
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