ao link

You are viewing 1 of your 2 articles

To continue reading register for free, or if you’re already a member login

 

Register  Login

Manorview Group launches staff profit share scheme

The Manorview Hotels & Leisure Group has launched a staff profit share scheme called the HeartCount Fund.

 

Under the scheme, announced for the financial year to 31 March 2018, Manorview has committed to allocating 10% of its pre-tax profits to the fund to be shared across the group's workforce.

 

All employees who have worked for the Manorview Group for a continuous period of 12 months will qualify for two profit share pay outs; one calculated on half year profits and a further payment based on full year results. The fund will be distributed in proportion to qualifying employee's earnings. The first payment will be made in January 2018.

 

The group's expectation is that there will be more than £200,000 in the fund to be distributed between qualifying employees.

 

The group was founded by managing director Steve Graham (pictured) in 2007, when he purchased the Commercial hotel in Wishaw, Lanarkshire. The company has since grown to 16 properties, comprising five pubs, two nightclubs, nine hotels and nearly 600 employees. Total turnover for the year to 31 March 2016 was £15.8m.

 

Graham said: "My goal is to inspire a team who see long term career opportunities at Manorview, and are proud to be a part of our growth. I believe we can achieve this by nurturing our talent, rewarding loyalty, and by communicating our core values."

 

Plumpy Duck opens at the Bowfield hotel as part of £1.5m refurb >>

 

People awards 2017 shortlist announced >>

 

Scotland's Busby Hotel re-opens after £2.5m refurb >>

 

Videos from The Caterer archives

 

 

Are you looking for a new role? See all the current hospitality vacancies available with The Caterer Jobs

Newsletter sign up

Stay informed with all the latest

Newsletter Sign Up

Stay informed with the latest news

 

Sign Up

Rethinking Food Waste Webinar

Rethinking Food Waste Webinar

Best Places to Work in Hospitality 2025

Best Places to Work in Hospitality 2025

Supplier Awards 2025

Supplier Awards 2025

The Caterer Events

The Caterer Events

Queen's Awards for Enterprise

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

Jacobs Media

Jacobs Media is a company registered in England and Wales, company number 08713328. 3rd Floor, 52 Grosvenor Gardens, London SW1W 0AU.
© 2024 Jacobs Media