Construction firm Stepnell has announced that it is ending staff pay cuts instituted in response to the coronavirus pandemic two weeks earlier than planned.
The firm put the salary reductions of up to 20%, depending on salary level, in place in April but now feels able to end them thanks to a “period of sustained growth”.
Tom Wakeford, joint managing director of Stepnell said: “It
was an incredibly hard decision to ask staff to take a pay cut but it was
ultimately the most effective way to secure jobs and ensure the business weathered
the storm during those first few months of lockdown.
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“I’m pleased to say that due to the extremely hard work and
dedication of our whole team, the salary reductions have been halted two weeks
earlier than originally envisaged.”
The family-owned firm, which has been in business for more
than 150 years, remained on site throughout lockdown to keep its projects
progressing in accordance with Public Health England guidelines.
Wakeford added: “Our quick actions to ensure our sites
stayed open and compliant with the relevant health and safety guidelines
coupled with some recent projects secured are behind the board’s decisions to
return salaries back to pre-coronavirus levels.
Our ability to work in harmony with our supply chain and demonstrate our
ability to clients and subcontractors to manage social distancing has been
excellent.
“Across the board, our clients are really pleased with how
we have adapted with many commenting that we were often the only contractor
continuing to operate. The health and safety of our employees, clients and
contractors is always at the forefront of everything that we do. With
stringent planning and thorough risk assessments, we empowered all our
colleagues to work safely.”