Laing O’Rourke will restore staff to full pay and benefits from 1 August 2020.
The company cut salaries for all staff by 20-30 per cent on 1 April, saying a “war effort” was needed in response to the COVID-19 pandemic.
In an internal company webinar on Thursday (18 June), chief executive Ray O’Rourke told staff the measure would be rolled back. Laing O’Rourke is on track to be back at full productivity next month, which has prompted the decision to restore pay levels.
O’Rourke said: “We took difficult decisions in March as we sought to build the business’s resilience and prepare for the worst-case scenario. This has not materialised, partly because of the strong support the sector has received from government, but also because of the fantastic response of our people to the crisis.”
The company confirmed it still has around 900 staff on furlough. It plans bring all workers back in July as projects return to full productivity.
Satt Basra