Home 5 Articles and Reports 5 “Pan Macmillan” Offers Staff Cost of Living Payments

“Pan Macmillan” Offers Staff Cost of Living Payments

by | Nov 16, 2022 | Articles and Reports, News

UK publishers act to Help Staff in Cost of Living Crisis

 Pan Macmillan is the latest publisher in the UK to introduce measures to alleviate the cost of living for its staff.  It has given staff a one-off payment of £750 to ease the effects of rising fuel costs and inflation.  Its action follows similar moves at Canongate, Faber and Simon & Schuster (S&S).

Pan Macmillan said: “We paid everyone at Pan Mac except the very senior team a one-off cost of living support payment of £750 in October [and] increased book discounts for colleagues to 75% and reduced the cost of private medical insurance contributions. 

“We brought payday forward to earlier in the month from October and have offered access to online tools to support budgeting. We have also increased our breakfast offering each morning, added more healthy afternoon snacks and a fruit basket each day for our colleagues and we have added free fortnightly lunches in our refectory for all.”

 At Canongate staff have been paid a monthly subsidy since September 2022, and will continue to receive payments until March 2023, when salaries are reviewed.  Staff at S&S staff are being offered a one-off relief payment this winter, which covers additional expenses and bills incurred while working from home, which has been backdated to March 2020.  The publisher has also recently increased starting salaries to £26,000.

 

 

Recent News

17Jul
Penguin Supports Winn Amid Controversy

Penguin Supports Winn Amid Controversy

Penguin said release date of On Winter Hill would be changed in order to ‘support the author’ after allegations that Raynor Winn lied in her bestselling memoir. Author Raynor Winn’s new book has been delayed because questions about her bestselling work The Salt Path have caused her and her husband “considerable distress”, her publisher has […]

17Jul
Farshore  Revives ‘Portly the Otter’

Farshore Revives ‘Portly the Otter’

HarperCollins’ children’s imprint Farshore has acquired The Adventures of Portly the Otter: Untold Tales from the Wind in the Willows by award-winning children’s author M. G. Leonard. The book of exciting spin-off stories from the much-loved classic The Wind in the Willows, written by Kenneth Grahame and illustrated by E.H. Shepard, will publish in March […]

16Jul
Firefinch to Debut in 2026 with Star Authors

Firefinch to Debut in 2026 with Star Authors

Publishing veteran Kate Parkin, who worked for Random House and was most recently MD of the adult publishing division at Bonnier Books UK, is launching a new independent publishing house, Firefinch.  It is a co-venture with her Bonnier colleague Margaret Stead who was Bonnier publisher. Among the authors who are making the jump with them […]

Related Posts

Farshore  Revives ‘Portly the Otter’

Farshore Revives ‘Portly the Otter’

HarperCollins’ children’s imprint Farshore has acquired The Adventures of Portly the Otter: Untold Tales from the Wind in the Willows by award-winning children’s author M. G. Leonard. The book of exciting spin-off stories from the much-loved classic The Wind in the...

Firefinch to Debut in 2026 with Star Authors

Firefinch to Debut in 2026 with Star Authors

Publishing veteran Kate Parkin, who worked for Random House and was most recently MD of the adult publishing division at Bonnier Books UK, is launching a new independent publishing house, Firefinch.  It is a co-venture with her Bonnier colleague Margaret Stead who was...

Al Faya: Where History Took Its First Steps on the Sands of the Desert

Al Faya: Where History Took Its First Steps on the Sands of the Desert

In a timeless moment etched into the memory of human heritage, the sun of Sharjah rose once again on the map of the world, this time through the gateway of deep history. At its recently concluded 47th session in Paris, the UNESCO World Heritage Committee officially...

Previous Next
Close
Test Caption
Test Description goes like this