The bonuses, with an average amount of £4,000, are available for almost all 40 tenants running McMullen pubs across the Northern Home Counties, and are determined by the amount reached above a certain target, taking into consideration past performance and geographical area/customer base.
Gavin Mansfield, McMullens’ tenancy operations manager, said: “While we provide discounts off national list price to all tenants to assist them to price their products in accordance with local market conditions, we are also keen to acknowledge those tenants that exceed our expectations.
"There were some stellar performances out there this year and it has been a pleasure to return some pretty sizable cheques to our partners.”
Heritage
Tom McMullen, company secretary, added: “At the end of our financial year we will have returned 26% of our tied income to our tenants by way of discounts and 5% by way of performance bonuses. The tie remains critical to the way we support small pubs outside our predominantly managed business.
"These arrangements also reflect our desire to protect our 187 year old brewing heritage and the associated jobs.”