The group said it will reduce the renowned bonus to 3pc of annual salary, with 83,000 partners sharing a pot worth £44.7m, down from £74m the previous year. It marks the lowest level of bonus in 65 years; employees were awarded a 4pc bonus in 1954.
How much did John Lewis pay Elton John for that failed advert at Christmas?
I hope all staff got 3% bonus
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
John Lewis cuts staff bonus to lowest level since 1953Workers will receive bonus worth 3% of annual pay as underlying profits fall 45.4% Don’t worry guys, Amazon and others will take up that slack in the post Brexit UK... Good I went to tkmaxx once. Awful place. Poor people everywhere. Ugh
Source: The Guardian - 🏆 84. / 53 Read more »
John Lewis staff brace for a life with little or no bonusThe employee-owned partnership reveals what staff will receive this week. After a hard year, it may not be much The standards of their staff have dropped considerably & they think nothing of arguing with a customer John Lewis staff brace for a new life with few or no customers. They should be working out how to beat Amazon, Aldi and IKEA jlandpartners can I suggest a free on the day London delivery service?
Source: The Guardian - 🏆 84. / 53 Read more »
John Lewis bonus cut as profits plungeThe retail partnership - which includes Waitrose supermarkets - says staff will receive a 3% bonus. So... terrible news... a huge drop over the last 12months... BUT PRIOR TO Brexit ... Former Retail Giants losing out to the Minnows from Aldi & Lidl etc... Must be brexit eh? Paid in Shillings again
Source: BBCNews - 🏆 3. / 97 Read more »
John Lewis bonuses slashed as profits slumpStaff bonuses at John Lewis and Waitrose have been slashed after a 'challenging' year in which underlying profits fell 45%.
Source: SkyNews - 🏆 35. / 67 Read more »
Great-grandson of John Lewis founder among contenders for chairPatrick Lewis, ex-WH Smith CEO Kate Swann and Direct Line boss Paul Geddes in frame for role FreeAssangeRally FreeAssange
Source: The Guardian - 🏆 84. / 53 Read more »
Lewis Hamilton dines with NFL star before leaving at 3am in cab full of womenLEWIS Hamilton partied until 3am and left a plush Paris bar with a cab full of women just two weeks before the start of the Formula One season. The five-time world champion appears to be living lif…
Source: TheSun - 🏆 64. / 61 Read more »
Nicole Scherzinger reveals hurt after intimate video leaked onlineNICOLE Scherzinger has spoken of her hurt after an intimate video of her in bed with ex-boyfriend Lewis Hamilton was leaked online. The former X Factor judge, 40, broke her silence on the phone hac… She can’t eat yoghurt without spilling it on herself so she’s got no hope of being able to use a phone in a secure manner! 😂
Source: TheSun - 🏆 64. / 61 Read more »
Jerry Lee Lewis in hospital after suffering minor strokeThe rock pioneer is expected to make a full recovery He’s still alive 😮 Sounds like it shook his nerves and rattled his brain He's old let him die in peace
Source: The Independent - 🏆 80. / 59 Read more »
Rock’n’roll pioneer Jerry Lee Lewis suffers minor strokeAmerican musician, 83, expected to make full recovery, according to representative Balls! He prefers everything minor Minor women’s whiplash
Source: The Guardian - 🏆 84. / 53 Read more »
US singer Jerry Lee Lewis suffers stroke as 'family ask for fans' prayers'ROCK and roll legend Jerry Lee Lewis has suffered a stroke, his family said last night. The 83-year-old is said to be recovering at home in Memphis, Tennessee, after suffering a minor stroke on Wed… lisadavidms More than Ever, your Strength is Needed, Yes prayers from others help, but endurance within yourself can bring on Miracles, Get Well Soon, Be Strong, and YES, my Prayer.
Source: TheSun - 🏆 64. / 61 Read more »