John Lewis Partnership to invest £180 million in pay
The John Lewis Partnership is investing £180 million in shop floor workers’ pay to take the rate “above and beyond the requirements of the National Minimum Wage”.
The announcement comes on top of nearly £300 million added to the partnership’s pay budget over the three previous years.
Subscribe to TRBFrom 1 April, staff in John Lewis and Waitrose stores will receive a 6.9% increase, with minimum hourly rates rising to £13.25 (UK-wide) and £14.80 (within the M25).
The John Lewis Partnership said this will equate to an additional £1,600 per year for a typical full-time partner.
Helen Webb, chief people officer for the John Lewis Partnership, said: “Our Partners are the heartbeat of our business. This £108 million investment is about putting more money into their pockets month-in, month-out.
“This pay growth demonstrates a sustained commitment to Partner pay, consistent with previous years. This ensures that the rewards for our Partners’ hard work are built into their monthly pay as we continue to invest in the future of the Partnership.”
Rates of pay will increase to £14.31 per hour for those Partners who gain enhanced skills and take on specialist roles, with the rate rising to £15.98 within the M25.
