Source: Castleton Technology
Housing organisations are faced with some difficult decisions regarding their staffing. Never has there been more pressure to provide vital support and services to tenants, but in other areas where staff can’t be redeployed, staff are being faced with furlough and even redundancies.
Castleton Technology has put its own measures in place to ensure the business can continue to thrive. Castleton’s board of directors and senior management team have agreed to take a 20 per cent pay cut during the first financial quarter to protect the retention of their teams. Castleton staff have also been asked to take a short-term salary sacrifice to weather the pandemic; this has been received favourably across the company.
Dean Dickinson, CEO, Castleton Technology, said, “We’re taking an ‘all in this together’ mentality to help us survive. In the interests of the entire workforce, everyone is being asked to make adjustments and I am immensely proud of the way we have all pulled together.
“By keeping everyone together in the business and staying true to our values, we can maintain the same level of service provision for our customers without increasing workloads or pressure on individuals.”
Castleton believes these short-term sacrifices will place the company in good stead when the sector begins to recover and shows signs of resuming normal operations. This approach doesn’t leave anyone vulnerable to significant financial burdens and with a fully operational team, Castleton’s ongoing commitment to its customers can be maintained.