US Edition
Published • loading... • Updated
John Lewis Lifts Pay Above Inflation, Joining UK Rivals
The 6.9% pay increase will raise minimum hourly wages to £13.25 UK-wide and £14.80 within the M25, adding about £1,600 annually for a typical full-time employee.
- John Lewis Partnership is raising shop-floor pay by 6.9% from April 1, with minimum rates rising to £13.25 UK-wide and £14.80 within the M25.
- The employee-owned John Lewis Partnership will invest £108 million in staff pay, framing the move as money returned to partners and an investment in the Partnership's future, Helen Webb said.
- Ahead of the national minimum wage change, the group will raise enhanced and specialist roles to 14.31, surpassing last November's minimum wage uplift, Helen Webb said.
- The rise equates to about £1,600 a year for a typical full-time employee, and the announcement arrives a month before the group's annual results when partners will learn about bonuses.
- Last year, JLP shelved a potential bonus for partners for the third year despite improved profits, with a bonus conditional on beating a 200 million profit target.
Insights by Ground AI
16 Articles
16 Articles
John Lewis lifts pay above inflation, joining UK rivals
The John Lewis Partnership, Britain's largest employee‑owned business, has today became the latest major UK retailer to lift store staff pay by more than inflation, following similar moves from Sainsbury's, Lidl GB and Aldi UK.
·Ireland
Read Full Article
The IndependentReposted by 
The Independent (US)
The Independent (US)John Lewis and Waitrose shop staff set for significant pay hike
Shop staff at John Lewis and Waitrose are set for a 6.9 per cent pay rise
·London, United Kingdom
Read Full Article
Coverage Details
Total News Sources16
Leaning Left4Leaning Right0Center4Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
To view factuality data please Upgrade to Premium
