Whitbread, like many other firms, runs Sharesave
incentives that allow staff to benefit from any rise in their employer's share price.
schemes run by the firm behind Costa Coffee, Premier Inn and Brewers Fayre have just ended and staff have benefited from a PS10million profit thanks to a jump in Whitbread's price.
Staff who enrolled in a three-year Sharesave
scheme have watched their savings increase in value by more than 100 per cent on the back of a share price that reached 313p after a rise of almost 70 per cent from the 12-month low of 183.
Sainsbury's shares are doing well, good news for staff participating in the Sharesave
These ordinary shares of 76 122/153p each in the company will be allotted under Whitbread's Sharesave
My article on company Sharesave
schemes said workers can lose out on share options if companies are bought by private equity firms, giving Alliance Boots as an example.
surv, are cockahoop after sharing a multimillion-pound payout from a Sharesave
scheme launched in 2008.
Other benefits include performance-related bonus of up to 16% of your salary, British Gas van, laptop computer, mobile phone, sharesave
scheme and great career prospects.
It is really about the SAYE Sharesave
scheme, and it offers the chance to buy shares in the company at a discount.
Scheme is popular with employees as it provides an opportunity to save up to GBP250 per month to buy shares in HSBC at 20 percent below market value,' said John Beadle, head of group performance & reward at HSBC.
7 million UK employees are making monthly savings through a Sharesave
Save As You Earn scheme and many of these could now be subject to an 18% CGT charge from April 2008, regardless of how long they have held shares in their employer.
YORKSHIRE Building Society has agreed to purchase Abbey National's UK and International Sharesave
business for an undisclosed sum.