Festive bonus and pay rise for JCB workers
Company announces £500 Christmas bonus and 2.2% pay rise for shop-floor workers
JCB have announced a double dose of festive cheer for their UK workforce this week – a £500 Christmas bonus and a shop-floor pay rise of 2.2%.
Around 6,700 employees at JCB’s 11 plants across Staffordshire, Derbyshire and Wrexham will receive an extra £500 in their pay packets this Christmas, whilst the 2.2% pay rise for shop-floor employees will take effect from 1 January 2020.
JCB chairman Lord Bamford said: ‘This year started quite strongly for JCB, but the second half 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.’
Backhoe loader team leader Jon Ward, who has worked for JCB for nearly three years, said: ‘Not many companies gives their employees a Christmas bonus, so this is brilliant news.’
This year saw JCB go into full production with their first electric products: a 1.9-tonne mini-excavator and a Teletruk telescopic forklift.
In addition, production started at the new £50 million JCB Cab Systems factory in Uttoxeter, and the company also secured the title of the World’s Fastest Tractor with a speed of 135 miles/h in a modified version of its well-known Fastrac.
Looking ahead to next year, JCB’s chief executive officer, Graeme Macdonald, said: ‘The global outlook for 2020 is difficult to predict, as there are still many economic challenges in our markets around the world.
‘However, we remain positive as there are many opportunities for us to grow the business in 2020, which will be a very special year for the company as we gear up to celebrate our 75th anniversary.’