Grocer says thank you to employees
Supermarket giant Tesco is giving away£78 million in shares to its staff.
All eligible employees will receive shares to the value of 3.6 per cent of their earnings over the last year. The shares will be kept in a trust and become available tax-free in five years' time.
Staff must work for the grocer for one year to qualify for the Share in Success scheme.
Tesco chief executive Terry Leahy said: 'Our staff do a great job for our customers and have delivered a fantastic year for Tesco. Giving our people the chance to be shareholders is our way of saying thank you and ensuring they share in the success of the business.'
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