Save As You Earn

Save As You Earn (SAYE) is a savings-related share scheme where an employee saves a fixed monthly amount over a period. At the end of this period, the employee has the option to purchase shares in the employer, at a discount of the market share value at the time the savings contract started.

Record numbers of staff to benefit from Tesco’s £78m free shares bonanza

18 May 2006

Tesco tops other retail staff scheme by giving free shares to 180,000 staff.

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Argos employees to share £13m bonus as share scheme matures

18 May 2006

More than 900 Argos staff to benefit from share payout.

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DSG staff scoop share of £20m after SAYE scheme matures

4 May 2006

More than 3,000 employees at the DSG retail group are set to receive a share of £20m after the company's Save As You Earn scheme matured yesterday

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Vodafone staff share £230m windfall

31 May 2005

Thousands of staff at mobile communications giant Vodafone are to share a £230m windfall this summer.

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Salary sacrifice dangers outlined by consultants

13 Apr 2005

Business consultants urge employers and employees to examine potential pitfalls of salary sacrifice schemes.

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Royal Bank Of Scotland staff win 10% profit share bonus

28 Feb 2005

More than 100,000 staff at The Royal Bank of Scotland Group were rewarded with a 10% profit share worth about £2,100 each when the company announced its 2004 Annual results

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Tesco staff to take their cut of £106m shares scheme

22 Feb 2005

Thousands of Tesco employees are to share £106m in the latest round of payouts from the retailer's share option scheme.

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Whitbread employees collect share-save dividend

3 Feb 2005

The hospitality company's share scheme will pay out £2.6m to employees who have invested for three years

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