Boss gives bonus of Rs 74000 to each employee - here's why!

One of the company's Presidents is happy to offer special bonuses to his employees in the wake of rising prices in the UK.

War

Russia declared war on Ukraine on February 24. Following that, about 1.5 million Russian troops entered Ukraine and launched an offensive. This war continues to this day. Western nations have strongly criticized Russia's decision to wage war on Ukraine. World leaders have also criticized Russian President Vladimir Putin.

This was followed by a series of sanctions on Russia by the United Kingdom, the United States, Germany and France. Inflation has risen in the UK due to these impacts.

Surprise Gift

Emerys Timber and Builders Merchants, a UK-based construction materials retailer, has given its employees a surprise gift. James Hipkins, the company's director, paid 750 euros (about 74,000 Indian rupees) to its employees in the face of rising prices.

Hipkins was dubbed 'Britain's best boss' as he paid £45,000 in total to 60 members of staff. He said, "We looked at this late last year when we were looking at pay rises and thought we needed to give people a decent rise this year because of inflation. When you look at how things are, I thought it was a good idea to give them that bit of a boost."

Netizens have been talking about the incident in which James Hipkins offered special bonuses to his workers in the face of rising prices.