In 1993, the Labour Court recommended that Packard Electric Ireland Limited pay salaried staff a 7% incentive bonus for June to December 1992. The recommendation was dated 18 February 1993. Manufacturing Science Finance had sought the full 9% it said was due. The company had offered 4% and a further 3% as a loan, citing trading losses. The Court noted the staff had a reasonable expectation of a December 1992 bonus. It also recommended further negotiations on the future operation of the incentive scheme.
Labour Court recommends 7% incentive bonus for Packard Electric staff
Historic decision · Decision date:
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