Conister bank to give every employee an extra £200 per month this winter

Conister bank has pledged 'across-the-board' financial support to its employees amid the cost of living crisis.

Conister bank has pledged 'across-the-board' financial support to its employees amid the cost of living crisis.

The company is set to give every employee an extra £200 per month to combat inflation and rising fuel bills this winter. 

The scheme will take effect from the end of September, for the next six months.

A spokesperson said 'With the expected hikes in gas bills, the volatility in oil prices and the worsening impact of rampant inflation - 
Directors acted quickly to provide additional support for all staff members.

Managing Director Douglas Grant commented:

"As a responsible financial institution, we have a duty of care to our staff. “Here in the Isle of Man and the UK, we are seeing dramatic increases in energy bills and inflation is on the rise. These payments demonstrate the kind of unspoken behaviour that drives our supportive culture and allows us to respond positively in these uncertain economic times.

With this in mind, our Board have been unanimous in their view that a payment of £200 per month for the next six months is the responsible way to support all employees over the winter period. 

Everybody will be treated the same – from the longest serving member of staff to those who have only just recently joined, no matter if they are part-time, full-time or temporary.

We don’t just look to treat people well in good times but also when times are harder, as will undoubtedly be the case over the coming months."