The billionaire founder of a global HR and health and safety consultancy is to hand staff a £3.8m profit share bonus.
Peter Done, the group managing director of The Peninsula Group, decided to double the amount given to eligible employees this year, after the demand for its services soared during the pandemic.
The Manchester-headquartered group said that calls to the Peninsula, BrightHR and Croner hotlines have quadrupled.
It added that Health Assured's EAP services supported over 15 million lives, seeing a 37% increase in calls to their mental health hotline in the last 12 months alone.
Mr Done is the brother of fellow Bedfred founder Fred and together their net wealth was said to be £1.235bn, according to the Sunday Times Rich List in 2021.
Mr Done said: "It has been a year of achievement through unprecedented times. Peninsula Group companies have helped keep the business world moving during a time of crisis, something that I entirely credit to the hard work of our talented teams.
"The last two years have been a challenge - but that challenge has led us to the position we find ourselves in today.
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"Times are hard for everyone right now, so it is only right that we reward peoples' efforts and share our success with everyone who worked so hard to get us there.
"It's been a magnificent effort from everyone. I'm immensely proud of our teams and would like to congratulate and thank them for their hard work."
Eligible staff will receive their profit share bonus in their April pay cheque.
The Peninsula Group has not yet published its accounts for the year to March 31, 2021.
In its previous financial year, the group achieved a revenue of £304.6bn and pre-tax profits of £45.8m.