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Clyde & Co announces bonus for all employees
Over 3,500 Clyde & Co employees will receive a bonus shortly as the firm triumphed over the last year.
Lauren Croft
The global law firm has just announced a bonus scheme in recognition of all staff over the past 12 months and their contribution to the company’s response to COVID-19.
The firm has done extremely well in response to the pandemic: 100 per cent of the money received from the UK government’s Coronavirus Job Retention Scheme was paid back by the end of 2020 and the annual salary review and promotions process was deferred by less than a year. The annual salary review is taking place as normal in 2021 and the initially deferred fee-earner hours bonuses have been paid out in full.
The one-off bonus for all employees will be paid in the next pay round and is completely separate to the chargeable hours and discretionary bonus schemes already in place.
Matthew Kelsall, Clyde & Co’s chief executive, said that staff deserved the bonus and had worked extremely hard over the course of the last year.
“The response of our people to the pandemic and all of the personal and professional pressures that came with it was extraordinary. Thanks to everyone’s efforts and their dedication to serving our clients, who themselves needed support in these unprecedented times, we have continued to perform strongly,” he said.
“We’re pleased to be able to recognise everyone’s contribution and say thank you through this bonus.”
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Lauren Croft
Lauren is a journalist at Lawyers Weekly and graduated with a Bachelor of Journalism from Macleay College. Prior to joining Lawyers Weekly, she worked as a trade journalist for media and travel industry publications and Travel Weekly. Originally born in England, Lauren enjoys trying new bars and restaurants, attending music festivals and travelling. She is also a keen snowboarder and pre-pandemic, spent a season living in a French ski resort.
