John Lewis Partnership announced earlier this year that it would be introducing a new change to staff pay. The huge retailer confirmed that shop floor employees across John Lewis and Waitrose will receive a 6.9% increase, which has now come into force. It comes as part of the John Lewis Partnership, which is investing £108 million in pay as part of its commitment to Partner wages.
From April 1, staff members' minimum hourly rate increased to £13.25, with those working within the M25 receiving £14.80. The rise translates to an additional £1,600 per year.
Rates of pay increase to £14.31 per hour for those Partners who gain enhanced skills and take on specialist roles, rising to £15.98 within the M25.
According to John Lewis Partnership 90% of the £108 million investment is voluntary and driven by by the business' desire to invest in Partners. It also comes on top of its £300 million added to the pay budget over the last three years.
In addition to the pay increase, Partners get access to a wide range of benefits, including discounts at John Lewis and Waitrose, a 12% pension contribution, discounted rates to its network of hotels across the nation, up to £275 towards subsidising personal development and leisure activities such as theatre and live events, subsidised meals, and a wide ranging health and wellbeing offer including options for self-referral to physiotherapy and counselling.
Helen Webb, Chief People Officer for the John Lewis Partnership, said: "Our Partners are the heartbeat of our business. This £108m 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 the rewards for our Partners' hard work are built into their monthly pay as we continue to invest in the future of the Partnership."