BrewDog to give 10% of profits back to staff

The craft beer brewing company, BrewDog, has announced that they will be giving away 20% of their profits each year – The BBC reports.

The artisanal brewing firm will donate 10% of their profits to charities and the other 10% to their internal team. Founder, James Watt explained the scheme to the publication: "We want to be the best company to work for, ever.

"We are going to be giving away 20% of our profits, forever - 10% distributed evenly amongst our teams, and the other 10% we are going to donate to charity annually. We want to create a blueprint for a completely new type of 21st Century business."

The business could be set to give away over £45million over the next five years, as part of its Unicorn Fund. After selling a stake of the company to a private US equity firm, BrewDog rose in value to over £1billion.