Jameson workers offered €4,700 amid changes to profit share scheme

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Jameson workers offered €4,700 amid changes to profit share scheme
Irish-Distillers
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Labour Court recommends endorsing the proposal by Irish Distillers Ltd to make the €4,700 cash payment to 250 workers

Irish Distillers was not agreeable to also making the cash payment to new staff and told the Labour Court that what was on offer was a good proposal for all staff. Photograph: Igor Golovniov/SOPA Images/LightRocket via Getty Images

In the recommendation, Labour Court deputy chairwoman, Louise O’Donnell rejected a submission from Connect that the €4,700 be made available to new employees along with existing workers. The company produces some of the world’s most well-known and successful Irish whiskeys including best seller, Jameson.

At the Labour Court hearing, Irish Distillers submitted that that they were prepared to increase the upside value of the profit sharing scheme from €150 to €175 for each 1 per cent achievement in global net sales on condition that the upside payment would be applied to a maximum of 3 per cent of overachievement in any one year.

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