Christmas comes early for thousands of ASDA staff

BONUSES

Christmas comes early for ASDA staff

Asda is delivering an early Christmas present to thousands of its colleagues who will share a £16 million festive bonus to thank them for their hard work throughout 2010.

The “Christmas Thank You” package - which includes a £20 Asda gift card, a free festive meal and an exclusive 20% discount on a host of Asda products - will be available to each of the retailer’s 175,000 colleagues, as well 10,000 seasonal workers.

The special colleague discount day includes a 20% saving on all George clothing, toys and games, fragrances, Christmas gifts, cards, wrapping and decorations. There are also deals on movies, videos and games and beers, wines and spirits.

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“Christmas Thank You” package

  • £20 Christmas Asda gift card, £5 towards a Christmas party and a free festive meal.

  • 20% discount (double the usual 10%) on a number of products on a special “double discount” day (23 November 2010). The “double discount” savings spree includes all clothes, toys and games, fragrances, Christmas gifts, cards, wrapping and decorations. There are also deals on movies, videos and games and beers, wines and spirits.

  • Beers, wines and spirits are not included in the 20% discount for Asda colleagues in Scotland. Instead, they will be offered a double discount on food items.

Sharesave payout

The “Christmas Thank You” package follows a record £47 million sharesave payout that benefited Asda’s colleagues earlier in the year. The “opt in” sharesave scheme allows colleagues to save between £25 and £250 each month. This year’s scheme generated a 90% return on the amount they saved.

Earlier this year, Asda colleagues also enjoyed an additional windfall, sharing in a record £26 million bonus pot, 18% higher than last year’s payout.

A final word

“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.” - Chet Kuchinad, Executive People Director, Asda.

Want to know more?

Founded in the 1960s, Asda today is one of Britain’s leading retailers. It has over 180,000 Asda "colleagues" serving customers from 382 stores, including 26 Asda Living stores, 23 depots and eight recycling centres across the UK. It has its main home office in Leeds and its George clothing division based in Lutterworth, Leicestershire. For more details visit www.asda.com.