Spending

King Charles spends ‘his own money’ to give bonus to royal staff, critics call it offensive

To help with the rising cost of living, King Charles III is offering his workers a one-time incentive of up to £600 (about 57,000 rupees). The bonuses, which would total tens of thousands of pounds and would be paid on top of that month’s wages to workers, including cleaners, would come in part from the king’s own wealth. The bonus is applicable for those earning less than £30,000 ( 28.5 lakh) per year.

The Sovereign Grant is being used to pay 491 full-time equivalent staff spread across the Royal Palaces, with a payroll charge of £23.7million, according to the Royal Accounts for 2020-21.

In order to help lower-income households cope with the rising cost of living, King Charles is doling out money from his own pocket, The Sun quoted a royal insider as saying. A sliding scale is used to determine how much goes to whom, with the poorest and most needy people receiving the largest amounts, the insider added.

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It reflects the reality of the economic circumstances facing the nation and aims to target areas of the royal household where it is most needed. Charles is concerned about the financial security of the palace’s dedicated employees, is fully aware of the skyrocketing energy costs they are paying, and is doing what he can to help, according to the insider.

It’s not just those who earn less than £30,000 who will receive the bonus. However, the amount will be different depending on their pay scale. A one-off payment of £400 will be paid to those earning between £30,000 and £40,000, and £350 will be paid to those earning between £40,000 and £45,000 a year. Other members of the royal family will also receive a bonus, according to the BBC.

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Graham Smith, a supporter of abolishing the monarchy, called it ‘offensive’ and a ruse to make people think King Charles cared about helping staff with living expenses with a few additional dollars per month. Charles avoids inheritance tax, which costs the taxpayer tens of millions of dollars a year, while everyone else faces real cuts in pay, utilities and benefits, Smith said, quoted by the BBC.

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