John Lewis Partnership to make £40m in missed payments to staff
Published: 29 August 2013
A review of the John Lewis Partnership's holiday pay policy found that some partners' pay packet additions have not been paid properly since 2006.
The Partnership Board will make a series of one-off additional payments to the approximate 69,000 current partners who have missed out on the monthly additions to their pay packets in the recent years. These include premiums for working Sundays and bank holidays. Individual payments will vary according to pay and shift patterns, but more than half of the recipients are expected to receive just under £120.
The one-off payments will be made this month and the cost to the John Lewis Partnership will be around £40m. This money will not be deducted from this year's Partnership bonus pool and it will be reported in the Board's half-year results that are due in September.
Tracey Killen, Director of Personnel, said: "As soon as we established that we were not implementing the Working Time Regulations correctly, we worked quickly to make the repayments to our Partners in a way that is both fair and responsible."
The Partnership's pay systems have been updated to ensure that all holiday payments are correct in the future.