Asda employees are set to share £49 million as a three-year Walmart sharesave scheme matures.
The payout is the biggest for the grocery retailer's 14,700 employees, with those saving £50 a month receiving more than £3,300, over £1,400 more than their original investment of £1,920.
Sarah Dickins, people operations and policy director at Asda, said: “This is the third consecutive year that our colleagues have enjoyed a record sharesave payout.
“Our employees drive the long-term success of our business. With a 70% increase on the money they invested for this year’s payout, I am delighted that so many of our employees are reaping the rewards of their hard work.”
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Tynan Barton is a business journalist and has been writing in the employee benefits and HR field for over 15 years. She joined Employee Benefits in 2010 as reporter, and has been features editor since 2011.View full profile
