Controversial beer company and bar chain BrewDog, has announced that it will share half of its bar profits with all bar workers and give 750 members of staff shares worth £120,000. Recently valued at £1.8 billion, the business says 1,500 paid by the hour bar staff can expect to receive an extra £3,000 to £5,000 a year in cash.
Founder and chief executive James Watt also said he will give almost a fifth of his stake in the company to salaried employees. The news comes as BrewDog attempts to rehabilitate its reputation after being accused of having a so called "culture of fear" within the business.
Last year in 2021, BrewDog apologised after co-founder James Watt was accused of fostering a toxic culture in which workers were bullied and "treated like objects". In an open letter which was posted on Twitter, former employees alleged: "Growth, at all costs, has always been perceived as the number one focus for the company. Being treated like a human being was sadly not always a given for those working at BrewDog".
