Tesco staff reap £200m share scheme rewards

SUPERMARKET chain Tesco said last night its directors and staff would share a rewards package worth almost £200 million.

The group, based in Cheshunt, Hertfordshire, said employees, including chief executive Terry Leahy and his board, would receive £196m in incentive bonuses and share schemes.

The figure includes £11m for the board, with Mr Leahy winning short and long-term share awards totalling £1.98m. His total annual salary and benefits package rose by just under 5% to £2.98m.