Boss of John Lewis blames early retirement of 50 plus aged people for staffing issues

Going back to the OP - the CEO of John Lewis probably earns over £1.5m in salary and other perks, she is asking people on £17k to get back to work instead of riding bikes around Devon.

The Directors of the Company earn £6.5m between them.

Believe or not The John Lewis Partenership are supposed to be one of the ethical large businesses in the UK too. I don't disagree but still have some people earning over 80 times the salary of others.
 
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Nano said:
I was purely looking at marginal cost of a pint because that is the extra needed for a payrise.

My guess would be in your example the real money men already take their big profits out at the "£600 for the beer" part. There will be loads of profit that can be reduced there to increase wages but they won't do that so wage rises have to come from price increases.
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Nano - I was trying to illustrate in a clumsy way how much of the pubs revenue was spent on wages.
 
“Sharon White succeeded Mayfield during a meeting of the John Lewis Partnership Council on 4 February 2020. It was confirmed that White will be awarded an annual salary of £990,000 for her role at the John Lewis Partnership, a significant increase on her previous salary, which was £341,700 according to data released by Ofcom.”

£1.5m pay off

The money IS there. They just don’t want to share it.
 
viv_andersons_nana said:
“Sharon White succeeded Mayfield during a meeting of the John Lewis Partnership Council on 4 February 2020. It was confirmed that White will be awarded an annual salary of £990,000 for her role at the John Lewis Partnership, a significant increase on her previous salary, which was £341,700 according to data released by Ofcom.”

£1.5m pay off

The money IS there. They just don’t want to share it.
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Some partners are more equal than other partners in the words of George Orwell.

Ordinary staff received a 2% pay increase at the beginning of 2022. Inflation is around 10% at present.

Has the penny dropped yet?
 
Billy69_uk said:
I am sure the millions of people in working poverty who will have to choose between food and heating in the coming months are comforted that their well spread investment portfolio is performing better than 2018.
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I agree of course. My point though was in response to a question posed by the OP as to why 50 plus John Lewis workers were retiring early.
 
Nano said:
I was purely looking at marginal cost of a pint because that is the extra needed for a payrise.

My guess would be in your example the real money men already take their big profits out at the "£600 for the beer" part. There will be loads of profit that can be reduced there to increase wages but they won't do that so wage rises have to come from price increases.
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The real money men will also be taking their big profits from the “rent £100 per day” part. That said, if the pub is doing as much trade as suggested, I would expect the rent to be significantly higher than that.
 
Don’t get the suggestions John Lewis needs to treat staff better like .

I worked for Waitrose when I used to go to uni (same company , John Lewis and Waitrose) and they were always very generous with their staff .

For so many left wingers on this board (I’m personally not , I consider myself leaning on the right) , it’s arguably the most socialist company in the uk
 
Nosmo-King said:
Just back from the US. Guess what? They have similar issues. Petrol( or gas)prices, interest rates, inflation, shortage of staff. The hotel I was at had a pub/ restaurant and it was closed for 2 nights - staff shortage. Signs up at numerous retail and restaurant premises requiring staff. So in some respects we are mirroring a issue not only attached to the UK.
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Oh just back from another foreign holiday I see Nosmo. Some of us can't afford to go to Jon Lewis or go on posh holidays to Tieland...
Try going to the Happy Shopper in Park End and get in the real world where we aren't bothered about Jon Lewis i.e. it doesn't exist round here
Thanks 👍
 
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There’s a Yong and Yang with companies simply paying staff more to retain them. If wages go up then the company have to raise the prices of the products they sell and that leads to faster inflation and no one is better off. They also run the risk of going bust as punters ditch them off for a cheaper alternative.

The unpalatable truth is this country sold it’s soul to capitalism many years ago. The stampede to keep prices low has meant more and more off-shoring of manufacturing.
If it wasn’t for Vietnamese sweatshops and near slave conditions of Far East textile workers Asda/TescoMatalan/Primark/sports direct etc wouldn’t be able to knock out £3 footballs or £4 school trousers .

Instead of raising domestic wages for British workers the big Corporations leapt onto the Eastern European band wagon and imported millions of workers who were happy to work for minimum wage. But Now that’s been blown apart by Brexit they.re panicking where the next tranche of cheap labour is coming from. I predict India (as part of a sweetener for a trade deal).

The truth is , if we really want to pay better wages and improve lives, we,ve got to wean ourselves off consumerism otherwise we.re destined to stay on the hamster wheel of ever diminishing returns,
 
John Lewis Partners are generally a good employer, but its doesn't seem the penny has dropped

They have staff shortgages but
2% wage increase
10% inflation

I don't think its left wing thought to suggest the labour shortage could be something to do with a 8% wage cut in real terms.

I guess its easier to blame people in their 50s. I doubt there are alot more retired people in their 50s now that there was in the past.

Some strange employer decsisons going on at the moment of rail employers want to make redundancies, but are cancelling a lot of trains because of staff shortages!
 
Nobby_Barnes said:
Oh just back from another foreign holiday I see Nosmo. Some of us can't afford to go to Jon Lewis or go on posh holidays to Tieland...
Try going to the Happy Shopper in Park End and get in the real world where we aren't bothered about Jon Lewis i.e. it doesn't exist round here
Thanks 👍
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Deary me you presume wrong again Norbert! I was in the States for work so not a holiday. Where is this Tieland you talk about??!! You really do demonstrate what a thicko you are!
 
Boroboyyo said:
Don’t get the suggestions John Lewis needs to treat staff better like .

I worked for Waitrose when I used to go to uni (same company , John Lewis and Waitrose) and they were always very generous with their staff .

For so many left wingers on this board (I’m personally not , I consider myself leaning on the right) , it’s arguably the most socialist company in the uk
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Her comments seem to be on the wider labour market as a whole as well not specifically John Lewis / Waitrose. People keep bringing up shop floor salaries as well but massive range of roles in a company that size especially distribution and logistics

On glass door they're rated 4.0 with over 3500 reviews so they seem to be a well respected employer.
 
Redwurzel said:
Going back to the OP - the CEO of John Lewis probably earns over £1.5m in salary and other perks, she is asking people on £17k to get back to work instead of riding bikes around Devon.

The Directors of the Company earn £6.5m between them.

Believe or not The John Lewis Partenership are supposed to be one of the ethical large businesses in the UK too. I don't disagree but still have some people earning over 80 times the salary of others.
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£6.5m and they're failing. I'd say the 'partners' eyes have been taken out.
 
Boroboyyo said:
Don’t get the suggestions John Lewis needs to treat staff better like .

I worked for Waitrose when I used to go to uni (same company , John Lewis and Waitrose) and they were always very generous with their staff .

For so many left wingers on this board (I’m personally not , I consider myself leaning on the right) , it’s arguably the most socialist company in the uk
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I know someone who has worked at JLP for many many years, and loves the company. Not just the partnership part of it, but they also get perks like discount (obviously) but others like cheap / free holidays at the company owned properties etc.

There's plenty of big businesses to bash, but unless you want state run workers corporative with an equal share for everyone (unlikely) then the fact is a CEO is always going to earn more than someone on the shop floor, they have more responsibilities and cant simply switch off when they clock out.
 
I do agree JLP are a better than average employer, but what is concerning is the difference in pay nowadays between the top and bottom in a good employer. Is someone at the top really 80 times better than someone at the bottom?. I very much doubt it. I am not a socialist worker type. Just the boy saying the Emperor has no clothes, but very few are listening.
 
Redwurzel said:
I do agree JLP are a better than average employer, but what is concerning is the difference in pay nowadays between the top and bottom in a good employer. Is someone at the top really 80 times better than someone at the bottom?. I very much doubt it. I am not a socialist worker type. Just the boy saying the Emperor has no clothes, but very few are listening.
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They arguably have 80 times more responsibility when you consider what they're in charge of.
 
The_Lizards_Jumpers said:
Try looking at their performance in the context of retail as an industry (excluding Amazon).
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The last time I looked it was average. The success story in groceries is ALDI and LIDL.

In general retail John Lewis is struggling a bit and closing high street stores. Thye average UK shopper now appears to sit on a sofa and order what was bought in department stores on their Smart Phone. Then have some poor sod bring 150 parcels a day in a white van for £100 and take 33% back to giant warehouses that are subsidised by high street shops through an out of date business rates system.
 
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