The cost of living has risen substantially in the last couple of years, and a West Kelowna timber company is doing what it can to help its employees combat inflation.
The Gorman Group, which has operations in West Kelowna, Lumby, Canoe, Revelstoke and Oroville, Wash., is providing up to $5,000 for active hourly employees to help address their increasing costs of living.
“We recognize our employees have come through two years of challenges from the pandemic to various weather events and the general economy,” The Gorman Group CEO Nick Arkle said in a press release. “They face the increasing pressures of inflation and uncertainty, and we are fortunate to be able to lessen the impact of those rising costs for them and their families.”
Arkle pointed out the lumber industry has enjoyed high prices over the last two years, allowing it to make these contributions to its employees.
“We know Canadians are feeling the effects of inflation, and we believe our one thousand employees make us who we are, and we take care of each other,” he said.
Each active hourly employee who has been with the company for six months will receive up to $5,000. Those with less service or part-time will receive a pro-rated amount. That is in addition to this year’s 2.5% cost of living adjustment they will receive July 1.