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Dutch land betting group Holland Casino announced this week that they're going to be increasing employee pay in addition to giving workers a one-time payment to help offset some of the impact of inflation, which has been rising rampantly.
The raise in pay will be 2.5% starting this month, with employees also getting a one-time €350 payment for full-time employees. Those workers will also receive a €60 per month additional payment. The company will make its minimum wage €14 per hour, and at the beginning of next year all employees will be given an extra 0.75% raise.
The move comes as Holland Casino's 2021 full-year revenues dropped 8.7% to €304.2 million.
Regarding the increase Holland Casino HR Director Marleen Berk said, "For Holland Casino, the past two years have been dominated by the impact of the Coronavirus. We were forced to close our doors for months and were confronted by many restrictive measures.
"In discussions about wages, we had to take into account Holland Casino's financial position on the one hand, and inflation and the labour market situation on the other. I am pleased that we have achieved a good result in a relatively short period of time. With this increase, there is a balanced agreement that is good for our employees and for Holland Casino."