Like a New York ticker tape parade these were the jubilant scenes in Cambridge as John Lewis staff celebrated massive bonuses

14:09 06 March 2014

John Lewis staff celebrate in Cambridge as their bonus is announced

John Lewis staff celebrate in Cambridge as their bonus is announced

Archant

This was the extraordinary scene at John Lewis store in Cambridge today as staff celebrated news that they are to receive an annual bonus worth 15 per cent of salary.

More than 90,000 John Lewis and Waitrose staff across the country will share in the £202.5million payout after the employee-owned group announced a 9.6% increase in annual profits to £376.4m.

Each worker, from weekend check-out assistants to the chairman, will receives the same percentage of salary as a bonus − equivalent this year to nearly eight weeks’ pay.

0 comments

More news stories

Yesterday, 14:21

An arson attack which caused ‘£100,000s’ worth of damage has been blamed for the closure of Mepal Outdoor Centre.

Yesterday, 09:44

The forgotten story of the remarkable high-speed hover train experiment of the 1960s and ‘70s, trialled in the Fens, has been made into a film.

06:36

Tickets are now on sale for the first ever Ely Cathedral Science Festival, which runs from May 20 to June 18.

Yesterday, 17:06

A children’s nursery has been warned it is “inadequate” after inspectors discovered three staff were unqualified and children’s photos, names and sometimes dates of birth had been posted on the nursery’s social media pages.

Most read stories

Most commented stories

HOT JOBS

Show Job Lists

HOT JOBS

Show Job Lists

Digital Edition

Image
Read the Cambs Times e-edition E-edition

Newsletter Sign Up

Sign up to receive our regular email newsletter