Sainsbury’s staff to share £80m bonus pot

Nearly 140,000 Sainsbury’s employees are to share an annual bonus pot of £80 million. 

The annual pot brings the total amount paid in bonuses up to £370 million over the past five years.

Justin King, chief executive of Sainsbury’s, said: “Sainsbury’s is rewarding the hard work of our employees this year with a sector leading bonus pot.

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“This is part of our total reward package, which includes a discount card and pension scheme, to ensure that Sainsbury’s remains a first-rate employer and a great place to work.”

Sainsbury’s has been shortlisted for the award ‘Best total reward strategy’ at the Employee Benefits Awards 2014, which will be held on 27 June in London.