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Latest NewsPay & benefits

John Lewis staff set for biggest bonus since 1998

by Mike Berry 17 Jan 2005
by Mike Berry 17 Jan 2005

Staff at the John Lewis Partnership are in line for the biggest bonus since its record 22 per cent payout in 1998, as the group heads for annual sales of £5.6bn.

The group has just three weeks left of its full year, and reports suggest the success of Waitrose supermarkets will offset a flat performance by the department stores.

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Waitrose is set to notch up £3.2bn against £2.7bn last year, when partners received 12 per cent of their salaries, totalling £87m across the group.

Sales this year will be about 10 per cent higher across the group, and partners can expect bonuses of up to two months’ pay. Last year, employees receieved six weeks’ pay.

John Lewis
Mike Berry

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