A strong performance in its 22 department stores helped John Lewis Partnership to increase its annual bonus to staff by 25 per cent in the year to January 1995. Staff, or partners as the retailer calls them, will receive a bonus of 12 per cent of salary, equivalent to six weeks' wages. Chairman Stuart Hampson will receive the same level of bonus as the humblest sales assistant. Last year, he earned £273,596, barely more than half his entitlement and no more than 25 times the salary of the lowest paid
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments