Page 73 - Monaco Economie 126

GO DO S. I - Xavier de Sarrau: “We wish to support

the Government’s efforts”

Interview by Kévin Racle
Managing Partner of the legal and ta advisory firm, Gordon S. lair, avier de Sarrau e plains the
reasons for giving a bonus of , to all of his employees. n unprecedented initiative, but one

which makes sense according to him.

Can you explain the inflation bonus that between their jobs or how long they have been is one in which the human dimension is very
Gordon S. lair has implemented? with the company. important (we call it a «people business») and
Gordon S. Blair is an important and historic all our members add value. We want them
player in the Principality, as the firm was Who is eligible for the bonus? to be motivated and to really enjoy working
created in the 1950s. Since our beginnings, Today, Gordon S. Blair has around sixty for Gordon S. Blair. We have always had this
we have supported people who want to set up employees. Everyone received the bonus. philosophy and the firm’s constant expansion
in the region. A few months ago, the Minister From the receptionist to the senior partners. and strong appeal is thanks to this vision.
of State, H.E. Mr. Pierre Dartout, encouraged This bonus is an important form of recognition,
private companies to make an effort to mitigate re there any specific conditions? and we want to encourage and thank each
the negative effects of the rising cost of living. None. Everyone creates value. Everyone person for their work on a daily basis.
As a major player in the market, we wanted to contributes to the smooth running of the firm.
do something for our employees. Furthermore, There is no difference. Are you considering other actions of this type?
we wish to be exemplary in the eyes of the Gordon S. Blair is successful and continues We have always prioritized the well-being of
Principality. We thought about the best solution to expand thanks to the work of our entire the people who work with us. For example,
to follow the recommendations and wishes team. We also chose not to make a pro rata during the covid crisis, we offered to make cars
expressed by the Government. This is why for people who joined us during the year. No available to those who lived far away and who
we made the decision to pay a €3,000 bonus matter when each employee started, he or she were not mobile at that time.
to each of our staff members in order to help received the same amount. We did not want to Currently, France is in the grip of a major
them cope with the unpredictable rise in the make a difference and we wanted to rally all strike period. Most employees live in Nice or
cost of living. the staff around this united approach. neighbouring towns. We are very understanding
about the difficulties resulting from this,
What observation did it originate from? his is a big effort on behalf of the firm. particularly with transport and the extra time
Everyone has been, and still is, impacted by Yes indeed. €3,000 multiplied by 60 employees that commuting takes. Each person can arrange
accelerating inflation. Regardless of their represents a significant cost for us. Plus the their working time as they wish. Exceptionally,
status: the price of petrol, food, electricity, social charges in addition. But once again, it is some may also work from home. We listen to
and all main expenditures have increased. in recognition of each employee’s contribution everyone’s needs. We attach great importance
This is why we wanted to help our employees to our firm’s development. As I have already to the human aspect. I think it helps sustain
by offering the bonus. The same amount pointed out, we made this decision because we the business and the notion of well-being at
was paid to everyone, without distinguishing want to be exemplary “citizens”. Our profession work is crucial to us.

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