JCB sees bullish results

5 January 2018 - Plant - admin - 2 Comments

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JCB

JCB

JCB shop floor employees have returned to work to a New Year pay rise of 3.9% and order books at their strongest in the company’s history.

The 2018 increase, which is linked to November 2017’s Retail Price Index (RPI), is part of a three year wage deal and took effect from January 1st. It follows a £500 Christmas bonus paid to all of JCB’s 5,500 UK employees.

Over the past 12 months JCB has recruited more than 1,200 people at its 11 UK factories in Staffordshire, Derbyshire and Wales and handed permanent contracts to 150 agency employees – with more to follow this year.

In addition, JCB has increased its purchasing spend globally to more than £2 billion a year and in the past 12 months spending with the company’s 2,500 UK suppliers has risen by 13% compared to 2016. This came as the company launched 46 new products.

JCB has this week gone into production with a new and innovative range of site dumpers at its World HQ in Staffordshire in a move which will create around 70 new jobs over the next 12 months.

JCB Chairman Lord Bamford said today: “The industry in which we operate is doing very well at the moment, which is not only good news for JCB, it’s good news for our region and good news for Britain.

“Our spending with UK suppliers has increased substantially over the past year and we are already off to a very strong start in 2018 with a very healthy order bank in place. In my view there is every reason to be optimistic about the future and in particular the future of the British economy.

“With unemployment at its lowest level for more than 40 years, we face some challenges with recruitment but that is a great challenge to have to overcome and a very positive position for the UK to find itself in.”

The pay increase follows acceptance in 2016 by GMB members of a three year deal. It affects around 3,200 shop floor employees at JCB’s Staffordshire plants in Rocester, Uttoxeter, Cheadle, Rugeley and its factories in Wrexham and Foston, Derbyshire.

Chief Executive Officer Graeme Macdonald said: “The long-term pay deal agreed last year gave us the stability we needed to plan and has delivered a robust pay rise for JCB’s shop floor employees. The outlook for 2018 is positive with markets all over the world in exceptionally good shape.”

GMB Works Convenor Gordon Richardson said: “2017 was a good year for the company which has generated more job security for GMB members and we welcome the pay rise which was agreed as part of the three year deal.”

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2 Responses to “JCB sees bullish results”

  • Ian robertson
    says:

    With the amount of brake pressure required on Telehandlers could use that to power the hydraulics
    And cut back on emissions
    Pedal power
    20 years operating Telehandlers I have plenty good ideas about what changes would work well

  • Ian robertson
    says:

    Tilting body lock out is too low for unloading lorry beds
    Padding on drivers door is missing
    Lack of power in new 14 m Telehandlers tailbacks for miles
    Fitter said it’s the smaller turbo fitted to reduce emissions
    1 joystick ideas are poor compared to manitou
    1 ram on tilting body bushes only last 6 months if greased daily
    10.5 m is the best machine out of them all,
    so fast for unloading
    17m hydraulics to slow
    14m is so slow to use on the road & some sites having 4th gear removed for on site but using on the main Rd red lining the engine for hrs, then asking for a new engine under warranty cause it nackerd worn out
    To much electronics fitted now delay in changing f&r gears 2 secs
    Floor mat pattern ? is hard to brush out
    Put me on your payroll for more good ideas
    If I could have a new jcb Telehandler it would be pre 2005
    No keypad
    And remove that buzzer it’s to loud on start up which is every 3 mins as you have to take the key out every time you jump out the machine


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