Tesco Bonus Share-Out

by Olivia

First,  a thank you to all at PJH Law and to all the clients I have met so far for such a warm welcome.  If the first two weeks are an indication of times ahead,  then the future is rosy!

Talking about happy employees, it’s not all gloom and doom amongst UK employees.  More than 207,000 Tesco employees are celebrating today after scooping up share bonuses worth a total of £98m.  Supermarket staff from checkout workers to store managers are eligible for the free shares representing up to 3.6% of salary.  It’s good to see that the consumer spending slump and increased ’shopping around’ has not stopped Tesco’s retail growth and, most importantly, that some of the benefit has been passed down to employees.

This entry was posted on Tuesday, May 26th, 2009 at 1:27 pm and is filed under Bonuses. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Similar Posts:

• Calls to increase statutory paternity leave and decrease statutory maternity leave
• Raise the minimum wage?
• MacDonald’s backs older workforce
• Regional Growth Fund
• Childcare vouchers