King Charles is giving hundreds of his lowest-paid workers a $700 bonus out of his own pocket, report says

King Charles will give a bonus to many of his workers.

An unnamed source told The Sun that the monarch will give an extra 700 dollars out of his own pocket to people who make less than £30,000 a year.

The person told the newspaper that the King was giving money out of his own pocket to the lowest income workers.

It is being given on a sliding scale with those who need it the most. It is to target where it is needed the most in the Royal Household in order to reflect the current economic situation.

Charles was aware of the big jump in energy bills and was doing what he could, according to the source.

Insider requested a comment from Buckingham Palace.

Those earning between £30,000 and £40,000 will get a bonus of $400, while those earning up to £45,000 will get a bonus of £350. The extra money will be given to single people who are provided with accommodations.

According to Indeed, the average salary for Royal Household staff was between £15,330 and £57,446.

The one Queen Elizabeth II had was a high-profile affair, but the one King Charles is planning will be a low-key affair. Compared to his mother's ceremony, it will have a much smaller guest list and a more casual dress code.