John Lewis’s chair, Jason Tarry, is to be paid more than £1.3m this year – about a fifth more than his predecessor, Sharon White – as he takes a more hands-on role.
Read the full article on The Guardian website
NAM Implications:
- Deep down, amongst the workforce…
- …the issue is not the differential between Chair and workers’ remuneration…
- …but rather partners’ perception of their total package and alternative amounts paid by rivals.
- In the past, the potential profit share may have bridged any gap.
- But after five years of cancellation, that potential benefit has been discounted.
- The ultimate impact of morale has yet to be counted…
