John Lewis Partnership is ditching its lifetime perks for long-serving staff who leave the business.
The retail giant informed staff that it was making changes to its benefits packages, including the end of its lifetime discount cards for people who retire after at least 15 years, The Telegraph reported.
The move means that more employees will have access to benefits when they leave the business, such as discounts at John Lewis department stores and Waitrose supermarkets.
Under the changes benefits will be tied to length of service, meaning an employee will be entitled to discount cards and access to partnership hotels for the same number of years that they worked at the company.
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A spokesman for John Lewis told the publication: “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.
“We’re also in a unique position of having an additional, dedicated fund for our council to spend to support partners and leavers, and are making sure this is spent with the best impact.”
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