Woolworths staff to be rewarded with shares in company

Woolworths employees are set to be recognised for their hard work during a series of crises, with the supermarket giant to give more than 100,000 staff shares in the company.

The efforts of supermarket staff came to the fore during the COVID-19 pandemic as they dealt with panic-buying and hordes of angry customers.

Eligible staff employed before March 1 this year will receive up to $750 dollars in Woolworths Group shares which they can either hang onto or sell.


Part time staff will receive shares on a pro-rata basis.

Woolworths Group CEO Brad Banducci described the efforts of staff as “extraordinary” during a year of “unprecedented challenges.

“From protests in Hong Kong, droughts and bushfires in Australia to the devastating volcanic activity in New Zealand and finally COVID-19, we have pulled together as a team to support each other, our customers and the communities in which we live and operate,” Mr Banducci said.

“This has taken an enormous amount of hard work and dedication and through our collective commitment we have indeed lived our purpose of creating better experiences together for a better tomorrow.

“We could think of no better way to thank and recognise our team than by making them shareholders in our Group.

“The awarding of shares is not only recognition for our team’s efforts over the last year, but also acknowledgement that our team has a critical role to play going forward as we all adjust to the new normal.”

Full and part-time workers employed before March 1 won’t miss out entirely, with $250 gift cards to be distributed to them while casual workers will get $100.

Notify of
1 Comment
newest most voted
Inline Feedbacks
View all comments

And the casual staff who got just as equally abused and handled it just the same..? Yeah cool story.