Monzo is set to give its lowest-paid staff a £1,000 payment in order to help support them through the cost-of-living crisis.
The digital challenger bank will make the payment to staff members earning less than £40,000, although it is unclear how many of the company's 2,500 staff fall under this threshold.
Continue reading for FREE!
Sign up for a myGrapevine account to get:
- Unlimited access to News content
- The latest Features, Columns & Opinions
- A full range of specialist HR newsletters to choose from