Sainsbury’s Sharesave Plan ‘Delivers £25 Million Financial Boost for Staff’

Boost for supermarket workers with £25 million share scheme bonus

The supermarket giant said the majority of staff participating in the plan are store and depot employees

Sainsbury’s Sharesave plan ‘delivers £25 million financial boost for staff’

Sharesave allows staff to save directly from their pay, with the option to purchase shares at a discounted price when the scheme matures.

Sainsbury’s staff to receive millions through share-save scheme

Sainsbury’s has announced that over 9,000 of its employees will benefit from its latest sharesave scheme, with a potential collective profit of around £25m. The supermarket retailer’s 2022 sharesave plan matured on Sunday, 1 March, giving staff the opportunity to buy its shares at a discounted rate of £1.67 per share from the following Monday. Participating employees, most of whom work the company’s stores and depots, together hold approximately…