RFG has launched an internal fund to support employees who are financially impacted by working shorter hours due to the impact of the Covid-19 pandemic.
The fund has been created through donations by the company’s directors and senior management.
The CEO will be donating 50% of his salary for three months and the rest of the executive team will take a 30% reduction in their salaries for the same period. Board members have committed to donate 30% of their directors’ fees for the next three months. Senior managers have been asked to contribute to the fund on a voluntary basis.
The national lockdown and the anticipated phased exit at the conclusion of the lockdown could result in employees having to work reduced hours at certain of the group’s production facilities.
RFG has undertaken to pay employees for the first week off work. Employees will then be required to take annual leave for the next two weeks.
In the unfortunate event that further reductions in working hours are required beyond three weeks then employees will be remunerated through the internal assistance fund.
“The safety and welfare of our employees is our priority at this time. We have taken every precaution to protect our staff while maintaining our supply of food products. The assistance fund is evidence of the commitment of the executives and non-executives to ensure that employees and their families are supported in this time of crisis,” said CEO Bruce Henderson.