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Asda share scheme aids employee retention

Asda's people director has boasted the company's low turnover rate is thanks in part to its share scheme, which last week paid out £43m to 16,500 employees.

Shareholders who have saved a maximum of £250 per month for the past three years will pocket around £13,800, which was over £4,500 more than their original £9,000 investment, or a 150% return.