John Lewis, Waitrose, Retail industry, Pay, Business Business | The Guardian
After a tricky few years, the group has bounced back, but, says its new chair, cash rewards for workers must waitProfits are set to double at the owner of John Lewis and Waitrose, but it is likely to be a third barren year for the staff bonus as the retail group targets hourly pay and revamping its stores instead.The staff-owned John Lewis Partnership, which runs 36 department stores and the Waitrose supermarket chain, has not paid a bonus to workers in three of the past four years, after diving to a loss during the pandemic when it was forced to close stores during government lockdowns. Continue reading…
After a tricky few years, the group has bounced back, but, says its new chair, cash rewards for workers must wait
Profits are set to double at the owner of John Lewis and Waitrose, but it is likely to be a third barren year for the staff bonus as the retail group targets hourly pay and revamping its stores instead.
The staff-owned John Lewis Partnership, which runs 36 department stores and the Waitrose supermarket chain, has not paid a bonus to workers in three of the past four years, after diving to a loss during the pandemic when it was forced to close stores during government lockdowns.