ILT Staff To Share In Strong Trading Results

ILT has delivered a better than anticipated profit result and will award a staff-wide bonus to recognise the team’s efforts during a busy and challenging trading period.

ILT’s board has confirmed plans to share the outcome with employees across all establishments through a one-off bonus.

ILT President Paddy O’Brien said this is a genuine thank you to the entire team for their hard work.

“The board’s decision was centred around recognising and valuing the team effort in maintaining strong business results through the cost-of-living crisis and acknowledging that staff themselves have had to manage the effects of this crisis at a personal level.”

“The contribution of every member of our organisation has been significant and has helped us achieve a better than anticipated profit result. The board wanted to recognise the team by sharing the success they have helped to create at an establishment level,” said O’Brien.

This is only the second staff-wide bonus in ILT’s history, the previous one recognising staff efforts during the disruptive COVID period and its various alert levels and traffic light settings.

All active ILT employees, from full time through to seasonal staff (around 650 people), are set to receive the bonus in their pay packet this week.

The total bonus investment is expected to be approximately $350,000.

ILT Chief Executive Chris Ramsay said it’s about doing the right thing for our people.

“The bonus is our way of saying thank you to our team for their hard work and commitment. Their efforts have delivered strong results at a time when many in our industry continue to struggle.”

“From our cleaners to our chefs, duty managers and administrators, every person plays a vital part in ILT’s success. By recognising staff in this way, we’re supporting the people whose work underpins our ongoing ability to fund community projects.”

“Every staff member will receive equal recognition relative to their hours, reflecting our belief that every role contributes equally to our results.”

ILT’s community donations remain at a similar level to last year, and the organisation is on track to exceed $8 million in donations for the current financial year. The staff bonus is funded from trading operations and does not impact the budgeted grants nor is it expected to negatively affect the overall year-end result.

“We are committed to our people, and this staff-wide bonus is a values-based decision that ensures we walk the talk of looking after our ILT whānau and our community. It’s a great decision by our board that will directly benefit our team, and we know there will be a positive flow-on effect for the wider community,” Ramsay said.