Manorview shares £162,000 of profits with its staff

Hotel and leisure group Manorview has shared a total of £162,479 amongst every team member who has worked there for 12 months or longer, and marked the event with a team-party at Glasgow venue SWG3.

It revealed a total of 389 employees will benefit from their Heartcount Profit Share Scheme, which sees the business take 10% of net profits and share it equally with qualifying team members.

The scheme was introduced by the business, which owns and operates 11 hospitality venues, in 2017, but 2022 marks the biggest amount to date that has been shared.

Speaking of Heartcount, MD David Tracey, said: “We’re on a mission to make hospitality a better industry to be part of – so it felt absolutely right to find a way to share our profits with our incredible team. Without them, we wouldn’t have a high-performing, profitable business. Though we started in 2017, this year is the biggest amount we’ve ever shared – almost double previous years in fact.”

One of the key aspects of Heartcount, is that the amount each person gets is calculated based on hours worked, instead of on their job role or pay. This decision was made intentionally to make things as fair as possible and means that everyone who works the same hours, will get the same amount of profit share.

Tracey added: “Why should a manager or director get more profit share than say, a kitchen porter or Housekeeper, when their job role is just as critical to business success? We believe they shouldn’t, which is why Heartcount is calculated this way.”