Parfetts staff receive exceptional cost-of-living bonus

Parfetts is recognising its staff’s hard work and dedication with an exceptional cost-of-living bonus of up to £500.

Guy Swindell: ‘It is the hard work and dedication of everyone at Parfetts that drives our continued success.’

The move comes in addition to a company-wide sales bonus of up to 2% of salary, which will be paid early this year. All bonuses will be tax-free.

Guy Swindell, joint managing director of Parfetts, said: “As an employee-owned business our people are at the heart of everything we do. It is the hard work and dedication of everyone at Parfetts that drives our continued success. We wanted to look at how we can support people with the current cost-of-living crisis and took the decision to pay an additional bonus this year.”

Parfetts has seen sales exceed £600 million for the first time, an increase of over 5% on the last financial year.

Teams in the best performing depots of Aintree and Middlesbrough received a 4% bonus. The two depots saw sales growth of 21% and 18% respectively.

Swindell attributed the company’s record sales figure to the continued expansion of Parfetts’ delivered operation and the recruitment of new customers to the Go Local fascia estate.

He commented: “Parfetts has continued to grow despite significant sales periods overlapping last year’s lockdowns and the aftershocks of the Covid pandemic. Looking forward, there are significant opportunities for growth as we continue to evolve our offer to support our customers.”

Parfetts was established in 1980 by the Parfetts family, a majority was sold to an Employee Trust Board in 2008, and the company became fully employee-owned in October 2018.

Published Date: June 28, 2022
Category: Wholesale Industry News