Digger manufacturer JCB has announced that each of its 5,500 staff are to receive a £500 Christmas bonus after a strong year for the firm.
And more workers could enjoy the same perk next Christmas as the Rocester-based company has revealed it will be adding at least another 70 staff to its workforce over the next 12 months.
This year’s festive payout has been added to the pay packets of workers at its 11 UK plants including JCB Power Systems in Foston.
The £500 bonus is £100 more than the workers got last Christmas.
Chief executive Graeme MacDonald said that after a slow start to 2017, the markets JCB sells into improved.
He said: “As we entered 2017, global construction equipment markets looked fragile but as the year progressed they have rallied and strengthened in many markets around the world.
“This year has been a strong one and the whole JCB team has delivered a performance to be proud of.
“I’m delighted that Lord Bamford has agreed to award a Christmas bonus in 2017 as we look forward with some confidence to the year ahead.”
JCB boss Graeme MacDonald said the firm had enjoyed a strong 2017
The Christmas bonus – the biggest since 2012 – comes in a year in which JCB entered a brand new sector with the launch of a range of powered access equipment aimed at grabbing a slice of a market worth $8 billion annually.
JCB is also about to go into production with a brand new and innovative range of site dumpers at its world headquarters at Rocester – a move which will create around 70 new jobs over the next 12 months.
This year has also been a year of milestones, including the 40th anniversary of the JCB Loadall, which is the world’s biggest selling telescopic handler.
The company also marked the production of its half millionth engine at JCB Power Systems, just 13 years after the first one went into production.
Staff at JCB Power Systems at Foston this year celebrated building their 500,000th engine
Speaking about the Christmas bonus, Olivia Grey, 24, of Barton-under Needwood, who works as an account executive at JCB, said: “It was a wonderful surprise when we received the news of the bonus by email. It’s a great way to start Christmas.”
Also among those celebrating the news of the Christmas bonus was Loadall assembly line operative Daniel Proctor, 27, of Uttoxeter.
The latest business news in our area
Speciality chip shop move in city centre
80 jobs coming after Roll-Royce move
Old Bell Hotel opening soon
Derby cabbies get licence help
He was one of 150 agency employees given permanent JCB contracts in the autumn. In total, 650 agency employees have been given permanent deals by JCB in the past four years.
He said: “This has topped off a fantastic year for me. To be given a permanent full-time JCB contract was superb and the bonus is just the icing on the cake.”
Did you get a Christmas bonus from your employer this year? If so, we’d like to hear from you. Contact firstname.lastname@example.org.
Source: Derby Telegraph