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Stepnell ends coronavirus pay cuts early

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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