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Engage introduces interest-free loans, cost-of-living bonus to support staff through crisis

Sanjeevni Dip-Matadeen and Alex Willocks

Digital agency Engage has implemented a range of initiatives to support the financial, mental and physical health of colleagues during the cost-of-living crisis.

Schemes include a £2,500 interest-free loan for all staff members, a three-month cost of living bonus, an increase to all junior salaries, and the advancement of salary benchmarking to take into account the current market and inflation.

Alex Willcocks, managing director at Engage, said: “We’ve always been focussed on ensuring that our employees are happy and enjoy coming to work. With the cost of living crisis expected to continue we wanted to make sure that our employees felt supported and secure. Our three month bonus will be introduced from November 2022 to January 2023 when we know people will be using their heating and bills will increase. It was also really important to us that we bring forward our salary benchmarking by one year so that we can be confident we’re paying the team fairly.

“We know that the next few months aren’t going to be easy and we hope that other businesses will do what they can to provide their staff with the support they need to get through these difficult times.”

As part of its ongoing drive to support staff, Engage also recently appointed Sanjeevni Dip-Matadeen as head of people, development & culture. Dip-Matadeen will support investment in the wider team and its growth strategy through recruitment, employee relations, rewards and benefits, as well as learning and development. This includes support with any internal employee relations matters by providing guidance and training to managers, reviewing the current processes and implementing any changes where required.

 

 

 

 

 

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