Aon to repay 20% pay cuts
Broker backtracks after 70% of employees were forced to take reductions in pay due to the coronavirus crisis.
Aon has retracted on its previous decision to temporarily cut salaries across the business by 20% in response to the current pandemic.
In a statement published today (30 June), the business promised that it would repay staff in full, plus 5% of the withheld amount.
This follows a filing on 27 April, where the broking giant explained that around 70% of its staff would be expected to take a temporary 20% pay cut, as it pledged that it would not make any redundancies due to Covid-19.
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