Wednesday, 2 December 2009

Christmas cheer from Sir Ray

Sir Ray Tindle is to pay each of his staff at Tindle Newspapers a minimum bonus of £100 at a cost of £80,000 despite imposing a pay freeze earlier this year.
HoldtheFrontPage reports that the pay freeze is to continue into 2010, but yesterday Sir Ray announced that all staff would get a minimum bonus of £100 in their pay packets this month.
In a further move, staff in the most profitable subsidiaries within TNL will receive up to £200, with a maximum of £300 payable at the end of the company's financial year in March.
HTFP says the changes were set out in a memo to all staff from Sir Ray following a special board meeting yesterday.

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