John Lewis partners take home 17 per cent bonus for 2013

Tracy Frost with the 17% bonus figure for John Lewis partners in 2013

Tracy Frost with the 17% bonus figure for John Lewis partners in 2013 - Credit: Archant

STAFF at Welwyn Garden City’s John Lewis and Waitrose stores will this year receive a whopping bonus of 17 per cent of their annual salary – equivalent to nine weeks wages.

The bonus announcement was made this morning (Thursday) and was greeted by cheers in the canteen of the Welwyn Garden City department store, which was packed with workers.

Managing director Andrew Slater gave a brief speech before long serving Viv Wharfe opened the envelope that revealed the hefty lump sum.

Last year’s bonus was 14 per cent, while partners received 18 per cent in 2011.

Mr Slater told the Welwyn Hatfield Times: “It has been a good year for both John Lewis and Waitrose.”

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The company’s business model means that profits are distributed to employees, known as “partners”, rather then shareholders.

The partnership includes the John Lewis department store in Welwyn Garden City and the nearby supermarket Waitrose.

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* See next week’s Welwyn Hatfield Times business section for more on the John Lewis Partnership bonus announcement.

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