JCB rewards staff with 5.2% pay rise

JCB, maker of ground-care equipment, is to dish up a double helping of festive cheer with £500 Christmas bonuses and a 5.2 per cent pay rise.

Around 4,400 staff at factories in Staffordshire, Derbyshire and Wrexham will share in the bonus worth more than £2m.

And from January 1 the company’s UK employees will receive a pay increase linked to November’s Retail Price Index.

Chairman Sir Anthony Bamford said: "We have continued to recover strongly this year from the difficult trading conditions of 2008 and 2009.

"All areas of our business rose to the challenge of growing sales in a tough economy. Last year we sold 51,600 machines. This year sales will rise by more than 30 per cent.

"The Christmas bonus and a substantial pay increase wouldn’t have been possible without teamwork at JCB during the severe economic downturn of 2008 and 2009.

"The economic outlook has become more uncertain in recent months but if we continue to work as a team, I’m sure we can achieve even more next year."

Three years ago staff voted to work a 34-hour week to save hundreds of jobs and all employees endured an 18-month pay freeze from 2009 to the summer of 2010.

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Sign up now
Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Read These Next

Sargent's solutions - how to avoid the traps of 'professional non-payers'

Sargent's solutions - how to avoid the traps of 'professional non-payers'

Be wary of unscrupulous clients who may look for loopholes to avoid settling up at the end of a job, Alan Sargent warns.

Living walls

Living walls

The benefits of green walls make them worth investigation by all green-space professionals, says Miranda Kimberley.

Business planning - improving productivity through training

Business planning - improving productivity through training

How to create a structured training programme for your staff to give your business a competitive edge, by Neville Stein.

Horticulture Jobs
More Horticulture Jobs

BALI National Landscape Awards 2017

Read all about the winning projects in the awards, run in association with Horticulture Week.

-Download the Digital Edition

Are you a landscape supplier?

Horticulture Week Landscape Project Leads

If so, you should be receiving our new service for Horticulture Week subscribers delivering landscape project leads from live, approved, planning applications across the UK.

Industry Data

An exclusive report for HW subscribers revealing the key development trends, clients and locations for 2017.

Products & Kit Resources

Noel Farrer

Founding partner of Farrer Huxley Associates Noel Farrer on landscape and green space

Read Noel Farrer