Brewery boss to pay himself minimum wage to safeguard jobs
A Nottingham brewery boss has said he will reduce his pay packet to try and safeguard the jobs of his staff.
Colin Wilde, managing director at Nottingham-based Castle Rock Brewery, has told his staff that he will take home minimum wage. He says the move is part of his answer to the crisis facing the pub industry, its people and its future.
“We’re in unprecedented times. It’s an uncertain future owing to the virus and the precautionary measures announced by the government,” he said.
“Currently we’re doing everything in our power to respond to this and protect the Castle Rock family, but there will be difficult decisions ahead. Economic hardship will affect many of our colleagues, and so, it’s only right that I shoulder some of that.”
Wilde accepts this will not make a significant difference, “but it will allow some funds to be diverted to other, much more urgent areas of the business.”
Castle Rock says it is encouraging customers to continue using pubs if they feel comfortable doing so, and for those that don’t, they hope they will support the business through the purchase of gift cards and take-out beer.
