Thousands of Jet2 employees have received payouts totalling more than £58 million following the maturity of the company’s first ShareSave scheme. The programme, launched in August 2022, allowed staff to buy shares at a discounted rate of £7.66 each.
When the scheme matured on 1 October, participants benefited from an 84 per cent increase in Jet2’s share price. The return on staff investments exceeded £26 million. Employees who contributed the average £227 a month over three years gained around £6,900, while those investing the maximum £500 monthly earned close to £15,300.
More than 5,700 workers took part in the first ShareSave round. The company has since expanded the initiative, with over 8,900 staff now enrolled across three subsequent schemes. Each new plan enables participants to buy shares at a 20 per cent discount to the market price at launch.
The Leeds-headquartered leisure travel group said the result reflects the company’s ongoing growth and employee commitment, marking one of the largest collective share-based payouts in the UK travel sector this year.
