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Tuesday, 30 September 2014

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BAE hands out nearly £660,000 in 2012 bonuses

BARROW shipyard workers are set to bag a share of nearly £660,000 in bonuses.

BAE Systems Maritime - Submarines today announced it will reward non-executive grade employees with an £150 in recognition of their work last year.

Nearly 4,400 workers will receive the £150 payment.

BAE hit a number of significant milestones in 2012, including the second Astute class submarine, Ambush, leaving Barrow in September and its subsequent contract acceptance in December.

The company was also awarded a £1.2billion contract by the Ministry of Defence for the fourth Astute class submarine, Audacious, as well as more than £600m funding for the Vanguard replacement programme.

John Hudson, BAE Systems Maritime – Submarines Managing Director, said: “At the heart of last year’s achievements was the valued contribution of our employees and this payment reflects the business’ appreciation of their continued efforts.”

Have your say

Come now £150 is not a lot of money. I wonder wahy there has been such a lot of vitriol from your contributors over this issue. I assume that most of the BAE people used this for shopping or a small luxury.
Jealousy over someone getting £150 is unbecoming.

Posted by Winkie on 23 January 2013 at 12:10

Mike,
are you having a laugh ? Could you Please tell the readers the last contract delivered to time & cost by BAE ? I think you will struggle finding one over your 30 years of being there! Ever wondered why they need contractors ...??

Posted by Gee on 15 January 2013 at 12:36

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