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Birmingham Post
Birmingham Post
Business
Laura James

JCB employees receive share of £3.3 million Christmas bonus

Digger-maker JCB has rewarded more than 6,500 staff with a £500 Christmas bonus - and some are also getting a pay rise in the new year.

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  - while shop floor employees will also receive a 2.2 per cent pay rise from January 1.

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 75 anniversary."
 


This year JCB went into full production with its first electric products - a 1.9 tonne mini excavator and a Teletruk telescopic forklift.

Production has also started at the new £50 million JCB Cab Systems factory in Uttoxeter, while the company also secured the title of the World’s Fastest Tractor with a speed of 135mph in a modified version of its famous Fastrac.

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