We heard some good news late on Friday for those serving the capital markets at CliftonLarsonAllen. From the tipline:
Lost wages are planned to be paid back to all employees therefore making all employees whole for 2020.
This will happen as of Oct. 19, our tipster added.
It’s been an interesting six months for CLA employees: their pay was slashed 10% at the beginning of May as part of the firm’s pandemic-related panic measures, then the firm said in June it was going to end pay cuts two months early and gave employees a Bluetooth speaker as a token of appreciation, and finally on Aug. 1 employee pay was restored to pre-pandemic levels.
Congrats, CLAers, for riding out the storm.
CliftonLarsonAllen Is Cutting Staff Pay By 10%, No Layoffs Planned
CliftonLarsonAllen Is Giving Employees Shorter Duration of Pay Cuts, Consolation Bluetooth Speakers
CliftonLarsonAllen Is Finally Officially Done with Employee Pay Cuts