Jameson to compensate staff with €4,700 payment for any potential losses over profit share scheme 

Labour Court rejected submission from union the money be made available to new employees along with existing workers

This move follows a recommendation from the Labour Court. Picture: Aidan Crawley/Bloomberg

Workers at the maker of Jameson whiskey are set to receive an annual cash payment of €4,700 to compensate for any potential losses over changes to a company profit share scheme.

This follows a Labour Court recommendation endorsing the proposal by Irish Distillers Ltd to make the €4,700 cash payment to 250 workers at various grades as part of a dispute resolution between Irish Distillers and Connect trade union over the profit share, reward and benefits scheme.