Bonus boost for John Lewis staff

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Bonus boost for John Lewis staff

John Lewis and Waitrose staff will receive bonuses worth 17% of salary after the group shrugged off tough high street conditions to report a 15.8% surge in annual profits.

The John Lewis Partnership said its 84,700 employees would receive the equivalent of nearly nine weeks' pay after increasing its total bonus pot to £210.8 million.

Each worker - from weekend check-out assistants to chairman Charlie Mayfield - receives the same percentage of salary as a bonus.

The employee-owned firm unveiled the haul after reporting pre-tax, pre-bonus profits of £409.6 million for the 12 months to January 26 and said the current year had started well, with like-for-like sales up 13.7% at its department store chain.

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