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BonusesLatest NewsPay & benefits

Asda workers to gain share of £15m performance-related bonus

by Mike Berry 26 Jan 2007
by Mike Berry 26 Jan 2007

Asda has given 123,000 store and depot workers a share of £15m worth of an annual performance-related bonus. 


The bonus payments will be shared by all staff with more than six months’ service working in the supermarket’s 335 stores and 24 depots throughout the UK and Northern Ireland.


This news is a boost to staff who missed out on bonuses last year because of the company’s poor performance.


The average payout for a full-time store colleague this year will be £174, with some workers in line for much more. More than 40,000 staff have either hit or out-performed their targets, which means they’ll pocket between 100% and 120% of their annual bonus entitlement. 


The annual performance-related bonus scheme was introduced in 2000 after Asda became part of US conglomerate Wal-Mart.


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Andy Bond, Asda’s chief executive, said: “It’s the hard work and enthusiasm of our colleagues that has made the business such a success this year and helped us win over so many new customers.”


Jude Brimble, national officer for GMB members in Asda’s stores and depots, said: “GMB members in Asda will welcome the fact that this year, workers in all the stores and all the depots will get a share of the bonus.”

Asda
Mike Berry

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