John Lewis partnership cheers record bonus pool
John Lewis chairman Sir Stuart Hampson said there were “cheers all around” the today as 68,000 staff, from board directors to part-time supermarket check-out workers, discovered their share of a record bonus pool.
The £155m (€227.8m) payout highlights the unique structure of the department store chain and Waitrose owner, which is co-owned by workers on democratic principles laid down by John Spedan Lewis, the son of the original founder, in 1919.