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Abrdn fastracks pay rises to help staff earning less than £75k amid cost-of-living crisis
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Abrdn, the Edinburgh-headquartered asset manager, has brought forward a pay increase for around half of its 5,000 strong global workforce to ease the cost-of-living crisis, joining a handful of financial services firms that are supporting employees with rising household bills.
“We've brought forward the pay round for 2023 to October,” Stephen Bird told journalists on a call following the asset manager's first half results on 9 August.
“I've...
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