Bonuses up at John Lewis after bumper year
John Lewis Partnership is expected to reward staff with an increased bonus of up to 16 per cent of their salary next week after a strong rebound in its annual profits.
The owner of the John Lewis department store and Waitrose supermarket handed its 81,000 employees a bonus of 14 per cent, equal to seven weeks' pay, last year from a pot of £165.2m. This payout is expected to be raised to between 15 per cent and 16 per cent for the year to 26 January, reflecting a reported 59.8 per cent jump in half-year profits and strong Christmas trading.
JLP declined to comment on the bonus.
John Lewis said it would invest £57m in its 39 shops before 2014, of which £32m will be lavished on four stores, including its London flagship on Oxford Street.
- 1 What if 35 Palestinians had died, and 800 Israelis?
- 2 Disney heiress Abigail disowns her share of family profits in West Bank company
- 3 The secret report that helps Israel hide facts
- 4 'Women should not laugh in public,' says Turkey's Deputy Prime Minister in morality speech
- 5 Ross Burden dead: MasterChef and Ready Steady Cook star dies at age 45 after suffering from cancer
Disney heiress Abigail disowns her share of family profits in West Bank company
Richard Norris: Man who had whole face transplant after being shot becomes GQ star
'Women should not laugh in public,' says Turkey's Deputy Prime Minister in morality speech
Richard Dawkins tweets: 'Date rape is bad, stranger rape is worse'
Ross Burden dead: MasterChef and Ready Steady Cook star dies at age 45 after suffering from cancer
The secret report that helps Israel hide facts
Woman and two children killed by mob in riots over 'blasphemous' Facebook post in Pakistan
A day in the life of Vladimir Putin: The dictator in his labyrinth
Putin is 'thuggish, dishonest and reckless', says British ambassador to US
Boozy, ignorant, intolerant, but very polite – Britain as others see us
Were 'Poor Doors' added to mixed developments so wealthy residents don't have to go in alongside social housing tenants?
- < Previous
- Next >
iJobs Money & Business
Negotiable: Harrington Starr: Client Services Associate (Microsoft Office, Ana...
Negotiable: Harrington Starr: Graduate Data Operations Analyst (Graduate, Anal...
£40000 - £50000 per annum + benefits+bonus+package: Harrington Starr: Dynamics...
£4000 - £30000 per annum + benefits+bonus+package: Harrington Starr: Front-end...