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Thousands of workers to get £2k cost of living bonus to help with surging bills

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money to thousands of staff as well as increasing their pay. READ MORE: Thousands of Brits could have to repay £150 council tax rebate after error The engineering giant is the latest company to offer financial help to its workers.Also 11,000 workers in its UK manufacturing plants will get a 4% salary increase backdated to March.It is equivalent to an £800 pay rise for a full-time worker earning £20,000 a year.This marks the first time in the company's 116-year history that workers are receiving a lump sum not linked to performance.Meanwhile, it said 3,000 junior manager staff will get a lump sum bonus of £2,000.Employees will get the cash in August, as long as the offer is accepted by trade union Unite.It means that in total, some 14,000 of the firm's 20,000 employees are set for a windfall.A spokesman said: "We can confirm that we are offering 14,000 of our UK shopfloor and junior management colleagues, or approximately 70% of our UK workforce, a cash lump sum of £2,000 to help them through the current exceptional economic climate."In addition, we are offering our shopfloor staff the highest annual pay rise for at least a decade, back-dated to March, and together these measures represent around a 9% pay increase for them." Want all the biggest Lifestyle news straight to your inbox?

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