Asda staff share £26.9m bonus pot
Tuesday 22 February 2011
Staff at Asda are to share a record bonus pot of £26.9 million to reward them for the supermarket chain's performance in 2010.
The majority of Asda's 145,000 full-time workforce, covering 386 stores and 19 distribution depots, will be entitled to a bonus of up to £350 on Friday.
However, some 20,000 staff will receive 'superbonus' pay-outs of up to £437 after their stores or depots exceeded performance targets.
The bonus pool is £900,000 bigger than last year because the business hit internal performance targets despite widespread promotions from its competitors and disruption caused by snow in December. Staff numbers also increased after 14 stores were opened in the year.
A store at Greenhithe in Kent was the best-performing in England. Llangefni topped the performance board in Wales, Stenhousemuir was the best in Scotland and Bangor took the accolade for Northern Ireland.
Asda chief executive and president Andy Clarke said: "There is no doubt in my mind that the colleagues working in our stores and depots are the heroes of our business.
"They have worked incredibly hard this year to deliver the best for our customers - taking everything from the difficult economic climate to the great British weather in their stride. I take my hat off to them."
Asda said the bonus scheme rewards employees for participating in customer service initiatives such as its "Go Getters for Forgetters" scheme, which saw them fetch items for shoppers over the Christmas period.
The annual performance-related bonus scheme was first introduced in 1999 after Asda was acquired by American retail giant Walmart.
This is the 10th year in a row the scheme has paid a bonus and the total reward has now reached nearly £200 million.
- 2 Russian girl takes her own life after parents find pornography on her computer
- 4 Ball pool for adults opens in London
- 5 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
Russian girl takes her own life after parents find pornography on her computer
Kim Kardashian on Bruce Jenner's 'story': 'We support him no matter what, and I think when the time is right, he'll talk'
Michelle Obama highlights harsh restrictions faced by Saudi women after meeting King Salman without wearing a headscarf
Ball pool for adults opens in London
Amal Clooney gives excellent response to fashion question at European Court of Human Rights
9 reasons Greece's experiment with the radical left is doomed to failure
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
Have we reached 'peak food'? Shortages loom as global production rates slow
Greece elections: Syriza and EU on collision course after election win for left-wing party
British Muslim school children suffering a backlash of abuse following Paris attacks
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
iJobs Money & Business
£13000 per annum: Recruitment Genius: This Pension Specialist was established ...
£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...
£25000 - £35000 per annum: Recruitment Genius: A Technical Report Writer is re...
Competitive salary & benefits!: MBDA UK Ltd: MBDA UK LTD Indirect Procurement...