Still, broadly speaking, Tesco deserves credit for responding positively to last year's revolt. It is also worth pointing out that Tesco has a good record on sharing the spoils with rank and file staff – more than 200,000 staff were last week awarded shares in the company worth £110m. In that sense, Tesco differs from the companies criticised by Manifest, the governance specialist, this week for raising executive pay while failing to reward the rest of the workforce.