JCB has announced that around 6,700 UK-based employees will receive a £500 Christmas bonus in their pay packets this month. The manufacturer also revealed a shop floor pay rise of 2.2%, which takes effect from January 1.
The £3.3 million Christmas bonus will be shared by workers at JCB’s eleven plants across Staffordshire, Derbyshire and Wrexham.
JCB chairman Lord Bamford said, “This year started quite strongly for JCB but the second half of 2019 has been more challenging. Nevertheless, it has been a solid performance in 2019 after last year’s record year and I am delighted that we are able to award a Christmas bonus to thank employees for their contribution to our continuing success.”
JCB CEO Graeme Macdonald added, “The global outlook for 2020 is difficult to predict, as there are still many economic challenges in our market around the world. However, we remain positive as there are many opportunities for JCB to grow its business in 2020 which will be a very special year for the company as we gear up to celebrate our 75th anniversary.”
