'Hard work & commitment' | Tesco staff set for £134m share scheme payout as CPO highlights 'tangible reward' for frontline workers

Thousands of employees at Tesco are set to benefit from a £134 million windfall through the company’s Save As You Earn (SAYE) share scheme, with the retailer’s Chief People Officer saying the payout reflects the contribution of frontline staff.

Emma Taylor, Chief People Officer at Tesco, said the scheme is designed to ensure employees share in the company’s success.

“Our people are at the heart of everything we do and when we succeed, we want our colleagues to share in that success," said Taylor.

“Our frontline colleagues deliver for customers every single day, and we are delighted that our Save as you Earn scheme is providing a really tangible reward for all their hard work, commitment and loyalty.”