Selco Builders Warehouse will be supporting its staff with the cost of living crisis with a £2.5m boost.
The builders merchant will give 96% of its 3,000-strong workforce a payment of £150 each month from November until March.
Howard Luft, chief executive of Selco, said: “We are living through an unprecedented cost of living crisis and it’s placing pressure on household budgets, from energy to food and fuel to mortgages, up and down the country.
“We wanted to do what we could to provide additional support to colleagues who, day-in and day-out, give outstanding commitment, dedication and service to the ongoing growth and success of Selco.
“Everyone in the business, apart from the most senior figures in management, will benefit from these payments which are structured in such a way that they can have a direct impact on the rising monthly bills during the winter months.
“We are hoping this will help our colleagues through the challenging economic times the country is facing and we will continue to investigate further opportunities to support our people through this period.”
