• Login
  • Home
  • News
  • Sports
  • Reel
  • World

    Dozens injured and thousands evacuated in Croatia wildfire

    Concern grows over conditions on USS Abraham Lincoln

    Members of Trump’s cabinet remained on decoy plane, after Trump’s quiet exit

    Russia releases former US Marine reported in poor health

    Trump signs order to limit childhood vaccines and split MMR shots

    Israel rejects Trump’s 15-point plan for Gaza, Netanyahu says

    Fast-moving Canada wildfire doubles in size forcing thousands to flee homes

    Spain to impose border controls against Italy as row over Ceuta migrant influx intensifies

    Houthi attacks reportedly kill at least 30 Yemeni government forces

  • Worklife
  • Travel
  • Future
  • More
    • Culture
    • Music
No Result
View All Result

Welcome to World News & Todays Top News Stories

Saturday, August 15, 2026
  • Home
  • News
  • Sports
  • Reel
  • World

    Dozens injured and thousands evacuated in Croatia wildfire

    Concern grows over conditions on USS Abraham Lincoln

    Members of Trump’s cabinet remained on decoy plane, after Trump’s quiet exit

    Russia releases former US Marine reported in poor health

    Trump signs order to limit childhood vaccines and split MMR shots

    Israel rejects Trump’s 15-point plan for Gaza, Netanyahu says

    Fast-moving Canada wildfire doubles in size forcing thousands to flee homes

    Spain to impose border controls against Italy as row over Ceuta migrant influx intensifies

    Houthi attacks reportedly kill at least 30 Yemeni government forces

  • Worklife
  • Travel
  • Future
  • More
    • Culture
    • Music
No Result
View All Result
No Result
View All Result
ADVERTISEMENT

Over 20,000 Tesco staff to split £30m from share schemes

July 3, 2024
in Business
2 min read
0


More than 20,000 Tesco workers are set to split £30m generated from the supermarket’s share schemes.

The company said an employee who invested the average £68 a month over the past five years would be in line to get around £6,640 from their £4,080 investment – a profit of £2,560.

It added the payouts from its “save as you earn” schemes were due to its “strong performance”.

The majority of employees who will receive a share of the windfall work on the shop floor or in disruption centres, the supermarket said.

The news comes after Tesco chief executive Ken Murphy has come under fire for his £10m pay package last year.

Strong growth in Tesco share price has contributed to the £30m windfall for employees.

The schemes offer Tesco staff the chance to buy discounted shares in the company.

Earlier this week, Tesco shares were priced at £3.06 but employees can buy them for around £1.88.

The maximum an employee can invest is £500 a month.

Those who did this stand to make £10,000 from the three-year scheme and £20,000 from the five-year scheme, if they opt to sell, Tesco said.

Emma Taylor, Tesco chief people officer, said the strong performance of the scheme reflected the hard work of employees.

“Colleagues tell us they like this way of saving every month – and when Tesco performs well, they share in a multi-million pound payout or can keep shares bought at a discounted rate,” she added.

“This year the schemes’ success is rewarding our colleagues with thousands of pounds in profit, helping to boost their savings for everything from holidays to house renovations.”



Source link

Related posts

Ice cream: How the big firms innovate to stay ahead

August 14, 2026

‘I lost $14,000 in a month’: Investors hit by Korean stock market’s wild swings

August 13, 2026
Previous Post

What's inside Starlite? – BBC REEL

Next Post

Tottenham’s John White and his son’s search for lost superstar

Next Post

Tottenham's John White and his son's search for lost superstar

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

  • Newspaper headlines: ‘Row professor found dead’ and ‘barbie ban’
  • Dozens injured and thousands evacuated in Croatia wildfire
  • Scottie Scheffler: World number one leads first FedEx play-off event

Category

  • Business
  • Have your say
  • In Pictures
  • Politics
  • Reel
  • Sports
  • Technology
  • Top News
  • World
  • Home
  • News
  • Sports
  • Reel
  • World

    Dozens injured and thousands evacuated in Croatia wildfire

    Concern grows over conditions on USS Abraham Lincoln

    Members of Trump’s cabinet remained on decoy plane, after Trump’s quiet exit

    Russia releases former US Marine reported in poor health

    Trump signs order to limit childhood vaccines and split MMR shots

    Israel rejects Trump’s 15-point plan for Gaza, Netanyahu says

    Fast-moving Canada wildfire doubles in size forcing thousands to flee homes

    Spain to impose border controls against Italy as row over Ceuta migrant influx intensifies

    Houthi attacks reportedly kill at least 30 Yemeni government forces

  • Worklife
  • Travel
  • Future
  • More

© 2023 GODJ - NEWS CORP - news.godj.com.

  • Home
  • News
  • Sport
  • Reel
  • Travel
  • WorkLife
  • Future
  • World
  • Technology
  • Login

© 2023 GODJ - NEWS CORP - news.godj.com.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In