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Clean For Good Announces 50 Per Cent Profit Share

Clean For Good Announces 50 Per Cent Profit Share
03 December 2024
 

Cleaning company Clean For Good has announced at its AGM that it will share 50 per cent of its distributed profits with its workers.

In line with its company profits policy, all staff and shareholders will receive a share of the company’s 2024 profit dividend. In November, 46 cleaners received their share, a payment of up to £378 for full-time cleaners. 

Clean for Good staff member Jacqueline, said: “This bonus makes me feel more valuable and more close to the company. I believe, in London, that it is the only [cleaning] company that recognises the values of the employee, by showing this generosity.”

The profit distribution is worth £20,000 in total. Most of the company’s shares are owned by the three founding charities: The Parish of St Andrew by the Wardrobe, City of London, Centre for Theology & Community and Church Mission Society (CMS).

Clean For Good began profit sharing in December 2023, and the shareholders were also able to forgo their dividend and allocate it to the employees if they wished.

Charlie Walker, Clean for Good’s Managing Director said: “At Clean for Good we don’t see our cleaners as a cost that needs to be managed down, but as our greatest asset that needs to be invested in. By sharing our profits we can demonstrate this value tangibly. It is great news for our cleaners but we also believe it is good for the business as staff feel valued, and recognised and this generates a sense of belonging and loyalty within the organisation.”

Becky Morris, Finance Director for the Church Mission Society (CMS) and one of the company’s founding charitable shareholders said: “As a shareholder, it’s certainly gratifying to receive a dividend on the investment we’ve made in Clean for Good, because we believed – and still believe – strongly in its purpose and vision. And seeing the company continue to treat its employees fairly and sharing out the profits so equitably makes us feel even better about our investment in this model of enterprise.”

Picture: a photograph of Clean For Good employees Maria Dewan and Maritza Walker. Image Credit: Clean For Good

Article written by Ella Tansley | Published 03 December 2024

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