JCB creates jobs as markets start to get better
Industry: Heavy machinery giant JCB is to create up to 200 new jobs and has agreed an "historic" three-year pay deal with its workers, the company said last night.
Employees accepted an agreement giving a three per cent pay rise from July and subsequent increases linked to inflation.
JCB chief executive Alan Blake said: "We are pleased to return to the position of being able to offer pay rises to our workforce after a sustained period of uncertainty in world markets."
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Hide AdHe described the pay deal as the longest ever negotiated at the Staffordshire company.
JCB is reintroducing overtime and has started recruiting up to 200 extra shop floor workers as world markets begin showing signs of improvement.