JCB hands staff £2m Xmas bonus

Aaron Morby 10 years ago
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JCB’s 5,000 staff are each to receive a £400 Christmas bonus after the plant manufacturer celebrated its one millionth machine this year.

All employees at the firm’s 11 plants in Staffordshire, Derbyshire and Wrexham will share in the festive payout, which is worth a total of £2m.

The bonus comes just weeks after JCB announced it would be investing £150m expanding its UK manufacturing base, creating 2,500 jobs over the next 5 years.

Lord Bamford said: “At the start of this year we anticipated that the business would face a number of economic headwinds and that has certainly been the case with trading being tougher than expected.

“However, while certain markets have slowed, we are seeing growth in other parts of the world which is very encouraging. I’m delighted that the company is able to award a Christmas bonus in 2013 and I thank everyone for their commitment and hard work this year.”

Yesterday, it was also announced that UK shopfloor employees will also receive a 2.6% pay rise linked to November’s Retail Price Index (RPI) as part a new three year deal.

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