BrewDog co-founders Watt and Martin Dickie were accused last year of creating a ‘rotten culture of fear’
BrewDog staff could receive shares in the firm worth £120,000 each as the brewer seeks to repair relations with employees.
The Scottish craft brewery, which also runs 111 bars, wants to mend fences after co-founders James Watt and Martin Dickie were accused last year of creating a ‘culture of fear’.
BrewDog, which is weighing up a stock-market listing, commissioned an independent review of its management, and committed itself to leadership training, gave staff a pay rise and introduced a whistleblowing hotline.
Yesterday, it said Watt would give away 5 per cent of the business, worth almost £100million, to 750 staff. It will see Watt’s stake drop from 24.2 per cent to 19.2 per cent.
The payout will be distributed evenly among all staff and see each employee being paid £30,000 a year in shares over four years.
It also said half the profit it makes in each of its bars will be shared among its remaining 1,500 team members being paid hourly.
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