John Lewis has raised concerns among its workforce by unveiling plans for reduced pay rises amid a strategic overhaul. The proposed policy empowers management to wield greater control over performance-linked pay increases, igniting tensions between leadership and staff. With over 76,000 employees impacted, pay adjustments stand as a pivotal aspect, constituting a significant portion of the £ 10.5 billion in revenues. The current constitution allows staff to get a raise based on performance, but proposed changes would alter the approval process, potentially intensifying discord. The John Lewis staff council is set to deliberate on these alterations, culminating in a vote in March.
Source: The Guardian January 23, 2024 09:29 UTC