[an error occurred while processing this directive]
BBC News
watch One-Minute World News
Last Updated: Friday, 9 February 2007, 06:21 GMT
Shares windfall for Tesco staff
Tesco trolley
Tesco's chief executive has praised his staff for their hard work
About 50,000 Tesco staff are to share in an 148m payout, after two company share option schemes matured.

Under the plan, staff at the supermarket giant save between 5 and 50 from their monthly salary over a three or five-year period.

When the scheme matures, they have the option to buy Tesco shares at the price set when they joined the scheme.

This year's payout is up on the 111m shared by staff in matured share options last year.

Tesco chief executive Sir Terry Leahy said: "Our staff are the main reason so many people choose to shop with Tesco, and through Save As You Earn they can share in the success they achieve through all their hard work."




SEE ALSO
Arizona gets first Tesco US store
08 Feb 07 |  Business
Tesco's empire reaches Beijing
26 Jan 07 |  Business
Grocery probe eyes local markets
23 Jan 07 |  Business
Tesco 'top' in more parts of UK
11 Oct 06 |  Business

RELATED INTERNET LINKS
The BBC is not responsible for the content of external internet sites



FEATURES, VIEWS, ANALYSIS
Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit

PRODUCTS & SERVICES

Americas Africa Europe Middle East South Asia Asia Pacific