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Rough Trade commits £50,000 profit bonus to UK staff following record year

Rough Trade has announced a £50,000 employee bonus fund following a landmark financial year, underscoring the company’s commitment to recognising staff contributions as integral to its… View Article

GENERAL MERCHANDISE NEWS

Rough Trade commits £50,000 profit bonus to UK staff following record year

Rough Trade has announced a £50,000 employee bonus fund following a landmark financial year, underscoring the company’s commitment to recognising staff contributions as integral to its growth and success.

The payout, which is an enhancement of the retailer’s existing profit-sharing model, will be distributed among eligible UK employees via the August 2025 payroll.

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In a move that doubles its traditional bonus allocation, the company has chosen to contribute 20% of net profits into this year’s fund, reflecting both strong financial performance and the strategic milestones achieved during 2024. These include the successful openings of Rough Trade Liverpool (April) and Rough Trade Denmark Street, London (October), as well as the company’s most successful Record Store Day to date.

The bonus will be shared among 110 employees, representing 93% of Rough Trade’s UK team. Each staff member’s payment is pro-rated based on length of service during the 2024 calendar year, with an average distribution of £454.55.

In addition, Rough Trade continues to uphold its status as a Real Living Wage employer – a commitment it has maintained since early 2022. This ongoing pledge reflects the company’s broader values around fairness, accountability, and meaningful support for its workforce.

David Anderson, director of people and operations at Rough Trade, said: “Our team is the heart of everything we do. This bonus is more than a financial gesture – it’s an acknowledgment of the creativity, commitment and camaraderie that fuel our continued evolution as an independent music retailer.”

As the company looks ahead to its 50th anniversary in 2026, Rough Trade said it remains committed to delivering immersive, community-driven retail experiences, both in-store and online. Despite ongoing macroeconomic pressures, the company continues to invest in staff development, operational innovation, and strategic growth across physical and digital platforms.

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