BT has proposed a GBP 1,500 special bonus for frontline and key workers, including an immediate cash payment of GBP 1,000 and GBP 500 in shares after three years. BT Group CEP Philip Jansen said the payment would reward frontline employees who worked hard to keep the UK connected during the pandemic.
BT said the offer was equivalent to a bonus of around 5 percent of the average frontline salary in the UK. The GBP 500 share payment is a discretionary award made under the previously announced 'yourshare' scheme. BT does not expect any changes to its full-year financial outlook as a result of the bonus payments.
