Diageo bucks trend and agrees to honour 2.5% wage increase

DESPITE an increasing trend among employers towards a refusal to countenance pay increases, Guinness maker Diageo has agreed to a 2.5% rise due to a number of its staff under the national wage agreement.

Those staff who are not subject to that agreement are to receive an average of 1% pay increases plus individual bonuses, based on performance, of between 5.8% and 10.2%.

According to Industrial Relations News the bonuses are slightly lower than those offered last year. Nevertheless, it pointed out that sales of Guinness products held reasonably well over the last 12 months in Ireland, given the economic climate, and sales internationally were better.