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08/07/2013
Asda Staff Reap Rewards Of Supermarket Sharesave
Payouts averaging £3,420 will be made to some 19,000 Asda staff under Wal-Mart's Sharesave scheme.
The supermarket chain, which was bought by US giant Wal-Mart in 1999, offers its staff a scheme to set aside between £50 and £250 a month for three years, for which they receive a share bonus in the company.
This years payments reportedly range between £3,000 and almost £16,000.
Helped by the rising share price of Wal-Mart the returns are said to be worth about 170% of the amount saved.
Head of human resources Hayley Tatum is quoted by the BBC as saying: "This record bonus pot reflects the success we've seen this year, all of which is down to the hard work and commitment of our colleagues across the business."
(MH/JP)
The supermarket chain, which was bought by US giant Wal-Mart in 1999, offers its staff a scheme to set aside between £50 and £250 a month for three years, for which they receive a share bonus in the company.
This years payments reportedly range between £3,000 and almost £16,000.
Helped by the rising share price of Wal-Mart the returns are said to be worth about 170% of the amount saved.
Head of human resources Hayley Tatum is quoted by the BBC as saying: "This record bonus pot reflects the success we've seen this year, all of which is down to the hard work and commitment of our colleagues across the business."
(MH/JP)
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