John Lewis Partnership announces £114m annual investment in pay for its Partners

• £114m increase in pay for 2025 on top of £116m increase in 2024 - reaching £230m over two years 
• JLP will raise the rate of pay for shop Partners by 7.4% this year
• Partners who make an exceptional contribution to the Partnership will receive an additional 2% - taking potential increases to 9.4% 
• 99.3% of all Partners will receive a pay increase
• Over the past three years the Partnership has increased total pay by £295m

The John Lewis Partnership has today announced a £114m investment in pay for 65,000 Partners across the business this year.

Seventy-seven per cent (£88m) of the pay investment is voluntary and is beyond the requirements of the National Minimum Wage. 

From 1 April, the minimum rate of pay for Partners outside London will increase from £11.55 to £12.40 an hour and from £12.89 to £13.85 for Partners within the M25. 

Over the last three years John Lewis Partnership has invested a total of £295m in Partner pay  and the standard hourly rate for Partners in our shops has risen by 25 per cent. 

Rates of pay increase to £13.39 per hour for those Partners who gain enhanced skills and take on specialist roles in our shops, rising to £14.96 inside the M25.

Alongside this, Partners who have contributed ‘exceptionally’ to the business will earn additional pay on top of the standard pay increase. This means a customer-facing Partner could receive a pay increase of 9.4%.

The investment in pay comes on top of a distinctive and generous benefits package, which includes:

• 25% off most purchases in John Lewis and 20% off purchases at Waitrose
• A competitive pension scheme with the Partnership contributing up to 12% of pay
• Life assurance scheme, up to four times annual pay 
• Equal parenthood leave 
• Generous annual holiday allowance
• Wide-ranging wellbeing offer
• Subsidised holidays in the Partnership’s hotels
• £60 a year towards the cost of event tickets such as concerts and festivals and £250 a year to help towards learning a new skill or exploring an interest

Jo Rackham, Interim Executive Director, People, said:

“Our Partners are co-owners of our business and their service to our customers is what sets us apart, so we have chosen to make another very significant investment in Partner pay this year.  

“This signals our continued commitment to our Partners’ pay, taking our total investment over the last three years to £295m.”