Tesco is awarding up to 290,000 shop staff, call centre and warehouse workers a bonus as a special thank you for their efforts over the past year.
The retailer said it will pay out nearly £50 million in "thank you" bonuses to employees across its stores, customer fulfilment and customer engagement centres, worth 1.25% of their annual salaries, at the end of May. Tesco said the payout "recognises the way colleagues really stepped up to the industry challenges of the last year" and comes as it reported annual profits more than trebling to over £2 billion.
The bonus is the latest cheer for Tesco workers, after the supermarket giant - the UK's largest private employer - announced last week that it was hiking pay to over £10 an hour. It said it was increasing hourly pay for shop staff and warehouse workers by 5.8% from £9.55 to £10.10 from July 24.