Asda staff to receive £16m festive bonus

Asda is to present employees with a £16 million festive bonus to thank them for their hard work throughout 2010.

The ‘Christmas Thank You’ package includes a £20 Asda gift card, a free festive meal and a 20% discount on a range of Asda products.

The package will be available to each of Asda’s 175,000 employees, as well as over 10,000 seasonal workers.

Earlier this year, Asda employees benefited from a £47 million sharesave payout, which generated a 90% return on the amount they saved.

Employees also shared in a £26 million bonus pot, 18% high than last year’s payout.

Chet Kuchinad, executive people director of Asda, said: “The Christmas Thank You rewards and recognises the exceptional level of service that our colleagues provide our customers throughout the year.

“We are really proud of the hard work and the difference that each of our colleagues make, particularly in the run up to our busiest time of year.”

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