UNITED KINGDOM: EMPLOYEES OF LEVI STRAUSS FACTORIES IN GLASGOW AND NORTHAMPTON CELEBRATE COMPANY'S PLEDGE TO PAY THEM AN EXTRA YEAR'S SALARY AT THE END OF THE MILLENIUM

Record ID: 337839

  • Title: UNITED KINGDOM: EMPLOYEES OF LEVI STRAUSS FACTORIES IN GLASGOW AND NORTHAMPTON CELEBRATE COMPANY'S PLEDGE TO PAY THEM AN EXTRA YEAR'S SALARY AT THE END OF THE MILLENIUM
  • Date: 13th June 1996
  • Summary: WHITBURN, SCOTLAND; NORTHAMPTON, AND LONDON, UNITED KINGDOM (JUNE 13, 1996)(ACCESS ALL) WHITBURN, SCOTLAND 1. GV EXTERIOR LEVI FACTORY AT WHITBURN 0.07 2. GV PARTY UNDERWAY AT LEVIS STRAUSS FACTORY AT WHITBURN 0.17 3. SV CLOWNS ON STILTS 0.23 4. SV WOMAN FACTORY WORKERS DANCING THE "CONGA" (2 SHOTS) 0.36 5. SV WOMAN SAYING IT'S WONDERFUL NEWS BUT IT'S A BIT OF A SHAME WE HAVE TO WAIT SIX YEARS (ENGLISH) 0.55 6. SV PARTY UNDERWAY (2 SHOTS) 1.11 7. SV BAND PLAYING 1.26 8. SV WOMAN SAYING SHE THINKS THE NEWS IS FANTASTIC (ENGLISH) 1.36 9. GV WORKERS CHEERING AND WAVING CAPS IN AIR 1.41 NORTHAMPTON, UNITED KINGDOM 10. SV HEAD OF LEVI STRAUSS UK, JANIE LIGON, SAYING THIS IS A GLOBAL SUCCESS SHARING PLAN IN SIX YEARS IF WE ATTAIN OUR CASH FLOW OBJECTIVES THEY WILL RECEIVE THE EQUIVALENT OF THEIR 1996 SALARY AS A BONUS (ENGLISH)/ CUTAWAYS (2 SHOTS) 1.57 11. LIGON SAYING THEY DON'T HAVE TO SIGN ANYTHING, THEY JUST HAVE TO KEEP WORKING FOR US AND THEY WILL SHARE IN THE SUCCESS OF THE COMPANY WORLDWIDE (ENGLISH) 2.07 LONDON, UNITED KINGDOM 12. GV EXTERIOR LEVIS STRAUSS SHOP 2.11 13. GV LEVIS JEANS ON SALE 2.17 Initials Script is copyright Reuters Limited. All rights reserved.
  • Embargoed: 28th June 1996 13:00
  • Keywords:
  • Location: WHITBURN, SCOTLAND; NORTHAMPTON, LONDON, UNITED KINGDOM
  • City:
  • Country: United Kingdom
  • Reuters ID: LVA5PIQRF8ORTCL7MT96NCSUK3SH
  • Story Text: INTRO: More than 1,500 British employees of jeans makers Levi Strauss were today in party mood as they savoured the prospect of a one-off bonus of a year's salary averaging 14,000 pounds.

    -------------------------------------------------------------------- Details of the millennium bonus were being announced today at workplace meetings at the US-owned manufacturer's four British plants - three in Scotland, at Bellshill, Dundee and Whitburn, and its headquarters and distribution centre in Northampton.

    At Whitburn, the company's biggest plant outside North America, marquees were set up and a jazz band and mass barbecue was being arranged for the midday meetings at which the 631 workers were being told details of the scheme.

    Under the scheme, Levi Strauss will reward more than 37,000 workers worldwide with a bonus payment of about a year's salary "in return for their contributions to the company's financial success".

    The cash payment will be made in six years' time, provided Levi Strauss reaches its objective of 7.6 billion US dollars (around #5 billion) cashflow by the end of the 2001 financial year.

    The amount paid will depend on how much of the target is achieved and the number of eligible workers. Levi Strauss is the largest clothing manufacturer in the world and the company's 501 jeans are one of the best known brand names.

    The company was founded 145 years ago in San Francisco by the Bavarian immigrant Levi Strauss who spotted a gap in the market for tough-wearing work trousers.


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