Managing director Andy Street speaks out as Starbucks and Amazon commit to chancellor’s planJohn Lewis could gain to restructure staff benefits in order to pay for the “national living wage”,the managing director of the department store chain has warned.
Andy Street, speaking as John Lewis opened its 45th store, or in Birmingham,said the government’s proposals posed tall issues for the retailer. John Lewis is famous for its staff benefits, particularly the annual bonus payout – worth up to a fifth of annual pay and a gold-plated pension. Related: Has George Osborne really introduced a living wage? Continue reading...
Source: theguardian.com