John Lewis partners take home 17 per cent bonus for 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.”
You may also want to watch:
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.
- 1 Headteacher 'very proud' of 'healthy and balanced' free school meal hampers
- 2 Police appeal for public information after puppy found dead on A414
- 3 'Heavy snow' expected across Hertfordshire from tomorrow
- 4 GP practice vaccinated 1,000 people in first week
- 5 Is lockdown working in Herts? Here's what the latest data tells us
- 6 Knife reportedly used to rob man in his 20s outside Co-op ATM
- 7 Party organiser fined £10,000 after 150 people attend gathering
- 8 Two people rescued after flood warnings issued
- 9 Scammer pretending to be a police officer stole thousands from 99-year-old man
- 10 New car park proposed for park
* See next week’s Welwyn Hatfield Times business section for more on the John Lewis Partnership bonus announcement.