GALE Offers Employees Unique Monthly Inflation Stipend to Offset Economic Uncertainty

With inflation continuing to rise, GALE is investing more in its employees as news of competitor layoffs and cutbacks hit the industry.

GALE has introduced a stipend to employees to help offset the impact of inflation as living costs continue to rise. 

The monthly cash stipend will be offered globally to employees earning under $150,000 and comes in response to real stories of crippling rent increases and food price hikes. US-based employees will receive $US600, Canadian-based employees will receive CAN$800 and staff in India will receive ₹12,000 Rupee.

“Inflation has become a very real problem for our people with the pandemic, supply chain disruptions and war in Ukraine exacerbating price pressures. This financial pressure, paired with countless headlines emerging detailing layoffs and cutbacks, is creating additional anxiety. As this noise continues, we wanted to do the opposite of the industry and show up for our people in a way that reflects our core values,” GALE CEO Brad Simms said.

“While companies often claim to be people-first, it’s in these moments of potential hardship where we, as business leaders, have the opportunity to prove it. This is why GALE is investing $1 million USD through this stipend initiative to help our employees bridge inflation and reduce financial stress.”

Career development and a people-first approach have been a priority for GALE since its foundation in 2014. Each of the business agency's 650 employees has the opportunity for compensation reviews twice yearly, often exceeding inflation. The stipend is an addition to twice-yearly reviews and is not based on performance.