John Lewis Partnership makes provision for potential costs of complying with National Minimum Wage

In a statement, the partnership said that its contractual hourly rates of pay have never been below the National Minimum Wage but it intends to work with HMRC to make sure that all its arrangements meet the specific criteria of what it described as some “quite complex” regulations.

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In addition, it is specifically looking at its practice of Pay Averaging which the partnership said aims to smooth out a staff member’s pay over a year to ensure a consistent amount of basic pay is paid to them each month.

John Lewis said the arrangement was implemented to enable staff to have a steady and reliable monthly income,…