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Asda staff set to collect share bonus

Member of the Asda employee sharesave scheme are set to reap substantial benefits after taking the plunge with their hard earned cash. The company believes that around £43 million will be paid out to employee sharesave members over the next few months which will be a 150% return on their initial capital investment.

Over the period Wal-Mart shares have increased from around £21 to £31 and those who invested the maximum £250 a month will receive £13,800 for their initial £9,000 investment. When you consider we have been through a substantial recession, and continue to feel the impact of the worldwide slowdown, this is a magnificent performance in what is and always has-been a very competitive sector.

Tesco, Asda, Sainsburys and Morrisons have dominated the UK supermarket sector for many years now and look set to do so for the foreseeable future. Many employees have taken advantage of sharesave schemes and seen their investments rise significantly over the longer term, despite a number of economic blips along the way. In perhaps a sign of the underlying strength of the UK supermarket sector, supermarket shares have been one of the better performers over the last 18 months and continue to outperform the vast majority of other business sectors.

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