Every little really does help for Tescos SAYE scheme participants

More than 55,000 employees of Tesco have seen the benefits of the Employee Share Scheme which was put in place. Participants of Tesco's SAYE scheme contributed between £5 - £50 per month for 3 or 5 years and are now splitting a massive £144.4m between them, a 44 per cent. and 100 per cent. return respectively.

Over 9,000 employees who contributed the maximum £50 per month for the maximum period of 5 years have received more than £6,000 each.

Employees who joined the scheme 5 years ago bought shares for £2.32 each the price at 1st February 2010 was £4.22, a massive increase in today's climate. Those who bought shares 3 years ago paid £3.07 per share.

Schemes such as the Enterprise Management Incentive, Share Incentive Plan and the Company Share Option Plan enable employers to provide a tax efficient way to retain loyal staff.

For more information on Employee Share Schemes, speak to one of our experts now on 0208 949 5522 or visit www.rm2.co.uk.