Boss Gives Rs 18,000 Extra Salary To Employees So That They Can Pay Their Bills
Hutt is the managing director of 4com, and helping address inflation in his own way. According to a MailOnline report, Hutt announced the firm's Energy Support Bonus program to his staff last week.
Have you heard of a boss who's so good, he helps you pay your bills? We know it's rare but such leaders are not mythical. They do exist and this man from UK proves it right.
Daron Hutt, the boss of a UK phone systems company is giving all his staff members a monthly Rs 18,000 (?200) bonus to help with rising electricity bills. Yes, that's right. His kind gesture for his workers has now earned him millions of fans worldwide.
Firm's Energy Support Bonus program
Hutt is the managing director of 4com, and helping address inflation in his own way. According to a MailOnline report, Hutt announced the firm's Energy Support Bonus program to his staff last week. The program will likely remain in effect until further notice.
The company that has a total of 431 employees currently, is in the position to help its staff with the cost of living crisis, thanks to its "growth", confirmed Hutt in the company meeting last week.
Company's statement
He said: ¡°We can help offset some of the price rises that are clearly coming."
"What we are putting into place, effective immediately, is an Energy Support Bonus, whereby each and every person in the company will receive an increase of ?200 a month in their payslips until further notice."
Chief executive Gary Scutt said: ¡°Our priority with our Energy Support Bonus is supporting the team we¡¯ve built here over the years ¡ª they¡¯re our most valuable asset.¡±
He added: ¡°We are continuing to grow with over 50 roles available and this bonus will be extended to all joining.¡±
Why the initiative
The initiative comes after households in the UK were warned that electricity bills could go up to Rs 3,41,434 (?3,615) this October. This was followed by a more concerning analysis that predicts the rise to Rs 3,99,000 (?4,266) in January.
Further, an even worse analysis has been published by consultancy firm Auxilione - who say the price cap could reach more than Rs 5,62,500 (?6,000) in April.
4Com was founded in 1999 and provides a voice over internet protocol (VoIP) phone system. It was top on the list of the Sunday Times Best Companies to Work for in 2017.
For more on news and current affairs from around the world please visit Indiatimes News.