We know the mantra. Bosses aren’t worth that much so the bastards shouldn’t be paid a lot. copyright The Guardian and all such points left.
John Lewis is not in a crisis – it has failed to adapt
The department store chain needs fresh thinking – its incoming boss may just provide it
Oh. Bosses are important, are they?
The phrase “substantially lower” than last year’s £115m probably implies a profit figure as thin as £50m. Two years ago, the department stores made £258m. In those circumstances, the exit of Paula Nickolds, boss of the department stores, was inevitable.
And the boss gets kicked if they don’t do the important things?
Hmm, mebbe that idea about the pay needs rethinking?