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April 4, 2022By Katy Hershberger

Finance: Bloomsbury to Increase Raises, Pearson Chooses Buyback Over Buyout

April 4, 2022By Katy Hershberger

Following a successful year, and in response to the rising cost of living, Bloomsbury increased their annual salary increase for employees in all territories to 5 percent. They will also give staff a bonus of up to 6 percent, a program that reportedly began last year. A spokesperson told The Bookseller: “Our staff will share in this success and this year’s review has been conducted considering both the company’s success and the cost of living crisis. We also have an interim September pay review to ensure those staff who joined later in the financial year are included.” Separately, Pearson announced […]

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Filed Under: Finance, Personnel

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