The John Lewis Partnership is to invest £108 million in pay as part of its ongoing commitment to invest in employees’ wages.
Its full-time frontline employees working on the shop floor across John Lewis and Waitrose stores will receive a 6.9% pay rise from 1 April. Minimum hourly rates will rise to £13.25 across the UK and £14.80 within the M25, translating to an additional £1,600 per year.
In addition, pay will increase to £14.31 per hour for staff who gain enhanced skills and take on specialist roles, rising to £15.98 within the M25.
Of this £108 million investment, nearly 90% is voluntary and driven by the partnership’s desire to invest in its employees, aiming to go above and beyond the requirements of the national minimum wage.
This pay rise is on top of a nearly £300 million ongoing investment to the retailer’s employee pay budget over the last three years.
Helen Webb, chief people officer at the John Lewis Partnership, said: “Our partners are the heartbeat of our business. This £108 million investment is about putting more money into their pockets month-in, month-out. This pay growth demonstrates a sustained commitment to partner pay, consistent with previous years. This ensures that rewards for our partners’ hard work are built into their monthly pay as we continue to invest in the future of the partnership.”
John Lewis Partnership employees can also access benefits such as pension contributions up to 12%, discounted rates to its network of UK hotels, up to £275 towards subsidising personal development and leisure activities such as theatre and live events, subsidised meals, and a range of health and wellbeing support.
