Employee-owned Parfetts awards profit share bonus

Following the announcement that sales have topped £634m in the last year, employee-owned wholesaler Parfetts is awarding colleagues a 10% profit share bonus in recognition of their contribution to the growth of the business.

The profit split comes after all qualified Parfetts employees received a 4% tax-free sales bonus in July.

Joint managing director of Parfetts, Guy Swindell said: “As an employee-owned company, our people are at the heart of everything we do. It is their hard work that is driving the business forward and supporting retailers across the UK.

“The year ahead will continue to provide a challenging environment for retailers, and we are increasing our efforts to support their margins and give them the service they need to operate efficiently and effectively.”

Over the last 12 months, Parfetts has invested in reducing its carbon footprint by rolling out LED lighting and solar panels at its depots across the UK. The move drastically reduces the company’s carbon footprint and generates cost savings that help drive value across the business.

Noel Robinson, joint managing director of Parfetts, said: “All of our dedicated colleagues deserve praise for the outstanding service they provide all year round. As an employee-owned company, we can ensure the success of the business is shared, and hard work is rewarded.”

Parfetts operates depots in Aintree, Anfield, Birmingham, Halifax, Middlesbrough, Sheffield, Sommercoates and Stockport. Its operations cover England, North Wales, and the Midlands.