Minster Law announces improved pay and benefits package to support colleagues

Minster Law has announced a package of support to help colleagues through the cost-of-living crisis and to further enhance their broader colleague benefits programme.

The business has taken a two-tier approach to the introduction of pay increases, based on salary bandings. This approach has seen 79% of colleagues benefit from an immediate 5% pay increase, with the remaining 4.5% receiving a 3.5% increase.

In addition, all colleagues (excluding Directors and Executive Team members) have received a pro-rated £500 cost-of-living payment for both full and part-time colleagues, to assist with the pressures faced on personal finances as a result of the current economic conditions.

The announcement follows a wider review and relaunch of Minster Law’s colleague benefits programme, which introduced enhancements to maternity and paternity leave, holiday trade-away scheme and a move to a ‘Real Living Wage’ employer.

Recognising the changing work practises of colleague’s post-pandemic, Minster Law is also trialling a new ‘Time for You’ initiative, affording colleagues the opportunity to condense their working week to four working days.

Speaking about the wide-ranging improvements to the colleague proposition, Shirley Woolham, CEO of Minster Law said “The rise in the cost of living is significant and something that is impacting everyone. In line with one of our core value of ‘Standing Together’, it was important that we challenged ourselves to find ways in which we can help and support our colleagues and reciprocate the commitment they make to our business every day.

Our colleagues are the heartbeat of Minster Law, continually going above and beyond to do great work for our customers, business partners and each other. The improvements we have made in respect of pay, cost-of-living payments and our wider benefits programme are aimed at helping them be the best they can be, both inside and outside of work.”