So did many of us. I suspect you are responding to one who leapt with glee with that Tebbitt creature suggested that all unemployed people should just get on their bikes, so you're wasting your breath/posting time.
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[News] 'John Lewis staff bonus cut again'
- Thread starter DavidRyder
- Start date
So did many of us. I suspect you are responding to one who leapt with glee with that Tebbitt creature suggested that all unemployed people should just get on their bikes, so you're wasting your breath/posting time.
The John Lewis staff ownership model is precisely what we need to see more of in society.
I've personally wondered whether the PLC model could be tweaked to accomodate mandatory employee ownership schemes- that wouldn't mean majority ownership, but x amount of shares belong to employees.
I've personally wondered whether the PLC model could be tweaked to accomodate mandatory employee ownership schemes- that wouldn't mean majority ownership, but x amount of shares belong to employees.
Blackadder
Brighton Bhuna Boy
They are a very popular store.
My nephew worked in one before he went to Uni. Very good company to work for (If you are in retail).
We aren't exactly well served by stores in Sussex though.
My nephew worked in one before he went to Uni. Very good company to work for (If you are in retail).
We aren't exactly well served by stores in Sussex though.
Tubby Mondays
Well-known member
I undertook and self funded a degree and masters thus obtaining new skills and qualifications.
More money?
No pay freeze.
So not quite as simple as you are.
Lower West Stander
Well-known member
Grombleton
Surrounded by <div>s
- Dec 31, 2011
- 7,356
I don't think its just John Lewis, but also Waitrose who are part of the same group.
It's tough out there in the retail world - I say that as a Sainsbury's employee, even though we have been given a pay increase, there's a lot of caveats.
This.
Be aware, it's a bit like turning left on a plane for the first time. You are setting yourself up for spending considerably more in the future than you otherwise would. Not in a bad way though.
It makes a difference doesn't it? Seems to be more US companies that do it but we have an employee share save scheme.
You can put up to 15% of your salary each month that goes into a pot, at the end of every 6 months they use that money to buy shares at 20% off the market price that day which you can then keep or sell. So the minimum we earn is 20% (before tax) but given this is meant to mean you work harder towards the company goals to drive the share price up and potentially make more money. Good model
SouthCoastOwl
New member
Working here in France I count myself very lucky, I get two bonuses.
The first is related to my personal performance during the year. The second is payable, under French law to all employees, if your employer makes a profit in the previous financial year.
The first is related to my personal performance during the year. The second is payable, under French law to all employees, if your employer makes a profit in the previous financial year.
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,015
its a valid point. its very odd how John Lewis results are reported, with head line on staff bonus rather than the company performance, as would be the case for about every other business.
vegster
Sanity Clause
- May 5, 2008
- 28,273
Indeed, the likes of many of the other big supermarkets would immediately sack 000,s of staff. My company was looking for volunteers to work the Bank Holidays this year and on the notice it said " If you work a Bank Holiday you will be credited with an additional days holiday. I thought that was some sort of mistake as BH's are usually double time or at least time and a half, so I queried it and was told " No, that's right, you get nothing extra for BH's now " ..... isn't business marvellous ?
- Jan 3, 2012
- 17,355
As somebody who works for Waitrose on a very part-time basis, 5% if not a lot is even less.
And it has been a biggish story on the day it is announced for years. It's a major retail operator with a multi-billion £ turnover, and I think it's seen as something of an indicator of the state of retail...... times is 'Ard.
Meade's Ball
Well-known member
I went to John Lewis a few times to try out prams. It's a little bit Dawn of the Deady at times when you go and a series of chaps on their own wheel these empty buggies slowly and methodically up and down aisles to get the feel of them, stopping to imagine a baby therein (one to devour with love as opposed to a mildly sating snack).
On that floor in the Oxford St branch you can also stop in for a very nice Lebanese breakfast. I'm an any time of day halloumi guy.
On that floor in the Oxford St branch you can also stop in for a very nice Lebanese breakfast. I'm an any time of day halloumi guy.
kjgood
Well-known member
I get why you originally started the thread, it isnt really something of that much public interest, but please consider that for some a bonus scheme is part of the contractual benefits that include salary and possibly, car, private healthcare etc.etc. Then it is not extra money on top of salary, it is 'Part of salary and other benefits'.
I have a contracted bonus based on the fortunes of the company plus a basic salary and other addons, if the company do well so do I, if they dont do so well , neither do I.
Iggle Piggle
Well-known member
- Sep 3, 2010
- 5,955
I did some work for JL a few years back. Absolute pleasure to do business with unlike some of the other major retailers. Most large Corporates have a tiny percentage bonus for the lower paid staff and massive bonuses for the Senior management. I like the way they are a proper Corporate social responsible company (Apologies to the bellcheese thread for my use of lingo there) unlike the majority of others who pay lip service to it.
As a bonus, There's also some proper fit women in my local Waitrose.
As a bonus, There's also some proper fit women in my local Waitrose.
DavidRyder
Well-known member
- Jul 23, 2013
- 2,930
- Thread starter
- #37
And I get where you are coming from too. I can see that bonuses can be something that people would treat as part of an annual income, and indeed something they rely on each year. So yes, a decrease could impact those people. TBH I wish I hadn't started the thread, maybe I didn't make my thoughts clear on Post 1, but I was never attacking people with bonuses. It was really how the headline was saying that a 5% bonus percentage for JL staff isn't quite as good as the year before's (although 5% still is very good IMO). And I just wasn't sure why it was news. Anyway, I've probably come across as a pillock from Post 1 to this post - note to self David, think about what threads you start...UTA!
Weststander
Well-known member
I like John Lewis and Waitrose - quality and the best customer service.
They're victims of the groceries squeeze on prices (Aldi and Lidl really do shave £100's off of the monthly family groceries bill) and with John Lewis the internet. Amazon has made itself the first, easy, port of call for almost anything. It's often not the cheapest by a long way, but working people have busy lives and can't be bothered to shop around.
I really hope John Lewis arrests this decline and survives long term.
Mellor 3 Ward 4
Well-known member
Not always the case Bozza, with their 'price promise'. Of you're buying something electrical/ with a guarantee which they will include, whilst other shops don't.
There's an excellent JL in Horsham now - so good that one of our wingers was in there last week buying furniture, and a former manager in there the week before buying a TV
No - I don't work there.
With branded goods, absolutely. Their price promise/extended guarantee on electrical items should make them a first port of call for most.
They do a lot of very nice stuff, such as furniture, that won't be covered by that as it's essentially own-branded.