Cosham company offers £250,000 of pay rises amid the cost of living crisis

A COSHAM company has agreed to offer £250,000 worth of pay rises to their staff starting from 2023.
By Sophie Lewis
Published 7th Dec 2022, 18:44 BST
Updated 8th Dec 2022, 08:55 BST
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The STR Group in Cosham has already offered all of their staff a £500 one-off payment this year to help them manage the cost of living crisis, and has now decided to change its commission threshold.

The changes will see over £250,000 worth of salary increases across a staff of 150 from January 1, 2023, and it means that every bill they bring in, they will be paid on, which is a significant increase, and it is hoped that it will ease the pressure of the cost-of-living crisis.

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Group operations director Brett Stephens said: ‘At a time when the cost of living is its highest ever, we felt it only right to make sure we were paying our staff fairly and reward them for their continued efforts and hard work. But we didn’t stop there. We also removed thresholds from our commission structures, meaning our staff now get paid on every penny they bill, up to a whopping 30 per cent on 360 perm or contract desks.’

Staff at the STR Group. Pictured: Lauren Botting (25, Recruitment Consultant), Emma Hopping (41, Senior Contractor Payroll Administrator), Steve Saunders (53, Group Commercial Director) and Gemma Langley (38, Operations Director). Picture: Mike Cooter (210622)Staff at the STR Group. Pictured: Lauren Botting (25, Recruitment Consultant), Emma Hopping (41, Senior Contractor Payroll Administrator), Steve Saunders (53, Group Commercial Director) and Gemma Langley (38, Operations Director). Picture: Mike Cooter (210622)
Staff at the STR Group. Pictured: Lauren Botting (25, Recruitment Consultant), Emma Hopping (41, Senior Contractor Payroll Administrator), Steve Saunders (53, Group Commercial Director) and Gemma Langley (38, Operations Director). Picture: Mike Cooter (210622)

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Guerson Neto, one of the recruitment consultants, said: ‘Earlier this year, the Board provided a one-off bonus to help us, which I already thought was a great thing to do during these tough times.

‘Now, they’ve announced the pay rise, and I’m over the moon.The new commission scheme is also better in every way for me.’

STR Group is the parent company of six specialist recruitment brands.