Wednesday 23 December 2009

Archant staff to get £200 bonus as chief executive says company 'on track' to hit targets

Archant chief executive Adrian Jeakings (pictured) has ended the year by promising staff a £200 bonus.
In a message sent to all employees, Jeakings said: “2009 has been a very difficult year for consumer media and Archant has not been spared the ravages of the recession. However, I am delighted to be able to tell you that we are on track to hit the targets that we set at the beginning of the year, before the full scale of the downturn had become apparent.
“This has been achieved through the hard work and dedication of all of our people. I am proud that we have managed to get through the worst recession for 80 years whilst accelerating our development activities, in anticipation of the recovery."
He added: “I am therefore delighted to be able to announce that a bonus of £200 will be paid in January to all employees who do not participate in a management bonus scheme. The bonus will be paid pro-rata to staff who work part-time and those who joined the company during the year.”
Staff at many other regional newspaper groups are in the grip of a pay freeze.

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