Simon Arora performer pandemic awards Simon Arora

BM to give 30,000 shop floor workers an extra week's wages as 'thank you' for hard work

Reading now: 565
www.mirror.co.uk

The founder and chief executive of B&M Bargains has handed himself a £30million payout after sales soared over Christmas.

Employees will also benefit from shares while 30,000 shop floor workers will get an extra week's wages as a thank you for their efforts over the pandemic.

Chief executive Simon Arora said a new special dividend of 20p-a-share would be handed out to shareholders. The boss and his family are the biggest shareholders in the business, meaning he will pay himself £30million, in addition to a £44million dividend payout revealed two months ago.

B&M will also share some of the profits with staff, and has agreed to pay 30,000 workers an extra week's wages. The payouts come as the retailer saw a surge in sales during the second

Read more on mirror.co.uk
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA