City firm Bond Dickinson has become the latest firm to end its firm-wide pay freeze and has promised staff it will backdate pay rises.
The firm had initially decided to defer its salary reviews in September, a move it blamed on the Brexit vote.
But a spokesperson for the firm said today that the board has reviewed its position and would be pressing ahead with reviews.
‘All increases will be backdated to 1 November 2016, which was the effective date of the original review before we deferred it,’ the spokesperson added.
In August, the Gazette reported that corporate firm Addleshaw Goddard had deferred a pay review and equity partner drawings in the wake of the vote to leave the EU.
Berwin Leighton Paisner and Gowling WLG also decided to postpone annual pay reviews following the vote.
All three have since said they will press ahead with reviews as normal.
Bond Dickinson backtracks on Brexit pay freeze
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