Asda’s poor performance means staff will miss out on bonuses

Most Asda staff will miss out on bonuses this year because of the supermarket’s faltering performance, the company has admitted.

The supermarket chain said trading figures for 2005 had yet to be finalised, but it was likely that only one-third of 300 Asda stores had met targets based on profitability.

Last year, 113,000 (94%) of the firm’s staff shared £19m, but it is estimated that only 46,500 workers at around will secure next month’s payout.

Workers received an average of £264 in their pay packets last year, although this rose to £360 if the store outperformed its targets.

An Asda spokesman said: “2005 was a hard year, but we’re immensely proud that, in spite of the tough trading environment, a number of our stores have hit their bonus targets.

“We’ve a strong business plan and new targets, and are well placed to deliver the results needed for even more to earn a bonus in 2006.”

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