Retailer John Lewis Partnership is to make changes to its benefits package for employees who leave the organisation with at least 15 years’ service.
From 31 August, any members of staff with more than 15 years’ service who leave the business will retain some benefits for the same number of years that they worked for the organisation. This will now include those who leave, rather than just retiring, for example, if they take a job elsewhere, or stop work to take on caring responsibilities.
Previously, individuals retiring from the organisation, who had accrued at least 15 years’ service, as well as meeting other criteria, could retain their staff discount card and access to partner hotels for life.
According to John Lewis Partnership, the change is not a cost-saving measure, and will more than double the number of people who receive benefits when leaving the partnership. The aim of the change is to help it recognise loyalty among its workforce.
A John Lewis Partnership spokesperson said: “We’re changing our leavers benefits to enable us to more than double the number of our partners who are eligible. We’re incredibly proud of this package, which rewards loyalty and goes well beyond those offered by competitors.”
John Lewis Partnership’s employee benefits include a 25% staff discount at both John Lewis and Waitrose, annual leave that increases over time, a pension scheme, life assurance, 26 weeks of paid maternity and paternity leave, access to physiotherapy, occupational health services and a digital GP, private healthcare for eligible staff, flexible working, access to partner hotels, discounts, subsidised event tickets, and access to an internal benefits app.
