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Pay increase and lumpsum

Pay talks 2022 discussion, news, LTB's RMCtv and all BUSINESS RECOVERY, TRANSFORMATION AND GROWTH AGREEMENT chat
postslippete
Posts: 4122
Joined: 14 Jul 2014, 16:27
Gender: Male

Re: Pay increase and lumpsum

Post by postslippete »

LouBarlow wrote:
12 Jul 2023, 16:51
DirtyHarry wrote:
12 Jul 2023, 16:17
Anyone would think a great deal of money was being talked about.
If Simon Thompson could read this thread, he'd piss himself laughing.
If £900 isn’t a lot to you then you are privileged.
The irony of working at a company where the big bosses are getting 40 or 50 times a posties salary.

Are they really worth that much? :hmmmm

Do they clock in and out and work all the hours they are being paid? Rico never did when he stayed in his villain mansion in Switzerland, and they paid him a golden hello of £5.8 million. Just like Simon, they had to pay him something substantial as well to get him to leave.

I would say that they are privileged
On the face of it, shareholder value is the dumbest idea in the world.
cockneyrebel
EX ROYAL MAIL
Posts: 117
Joined: 08 Nov 2017, 13:54
Gender: Male

Re: Pay increase and lumpsum

Post by cockneyrebel »

It wont be £900 it will be £612 if paid
20% tax and 12% national insurance all back dated and lump sums will incur 32% deductions
Wullie10
EX ROYAL MAIL
Posts: 699
Joined: 30 Jul 2017, 12:07
Gender: Male
Location: Retired

Re: Pay increase and lumpsum

Post by Wullie10 »

BenacreNick wrote:
12 Jul 2023, 08:07
Money money 💰 💰, the yes voters sold out for a few extra quid. Well done 👏

Wow, just wow.
Hilarious. I work have nothing. Have done for years. Who needs money ?
k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

Re: Pay increase and lumpsum

Post by k979aaa »

This ballot needs signing off by the PEC and then RM and a time table for the implementation of the pay part of the offer the back pay and the lump sum may be a fair few weeks away yet.
Robbo1441
Posts: 4
Joined: 14 Jun 2016, 13:01
Gender: Male

Re: Pay increase and lumpsum

Post by Robbo1441 »

cockneyrebel wrote:
12 Jul 2023, 17:09
It wont be £900 it will be £612 if paid
20% tax and 12% national insurance all back dated and lump sums will incur 32% deductions
For a full timer basic 37 hours + £900 lump sum would be £966 AFTER tax
postslippete
Posts: 4122
Joined: 14 Jul 2014, 16:27
Gender: Male

Re: Pay increase and lumpsum

Post by postslippete »

Great

The business implemented revisions and increased the walks back in February this year. The sick pay is changing at the beginning of next month. Yet we have to wait for some union bureaucracy for our pay rises. :crazy:
On the face of it, shareholder value is the dumbest idea in the world.
demon
Posts: 732
Joined: 08 Jul 2009, 14:19
Gender: Female

Re: Pay increase and lumpsum

Post by demon »

chickenwittle wrote:
12 Jul 2023, 08:00
:Very Happy didn’t take long for someone to ask , it’s all about the money right ?
Well yes it is as even if we voted no like I did I still want what I went out for even tho it’s not the result I wanted
k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

Re: Pay increase and lumpsum

Post by k979aaa »

The money was the only thing we got a vote on in my opinion we should have had an overtime ban since March 2023 had the talks not gone well. And Now should be in the process of balloting for more action covering us till February 2024. But our union FXXX UP the January 2023 Ballot by not including action short of a strike as well as a strike on the ballot paper!
norris9
Posts: 2641
Joined: 27 Feb 2019, 17:32
Gender: Female

Re: Pay increase and lumpsum

Post by norris9 »

I realise how poor we are paid when I go for a massage for £80 to £90 per hour.... and no, there is no happy ending....

I have to walk for 7+ hours to be able to afford a 1 hour massage to fix my messed up muscles.
daveyeff
Posts: 4699
Joined: 12 Mar 2010, 19:38
Gender: Male

Re: Pay increase and lumpsum

Post by daveyeff »

Radox bath is much cheaper, and you can do your own "happy ending"
Jack1960
EX ROYAL MAIL
Posts: 333
Joined: 05 Jan 2016, 17:39
Gender: Male

Re: Pay increase and lumpsum

Post by Jack1960 »

:Very Happy
daveyeff wrote:
12 Jul 2023, 20:50
Radox bath is much cheaper, and you can do your own "happy ending"
SMS1969
Posts: 983
Joined: 28 Jun 2021, 11:36
Gender: Male

Re: Pay increase and lumpsum

Post by SMS1969 »

norris9 wrote:
12 Jul 2023, 20:24
I realise how poor we are paid when I go for a massage for £80 to £90 per hour.... and no, there is no happy ending....

I have to walk for 7+ hours to be able to afford a 1 hour massage to fix my messed up muscles.
If there’s no happy ending for that price I’d look elsewhere :Very Happy
zz666
Posts: 223
Joined: 22 Jul 2016, 20:08
Gender: Male

Re: Pay increase and lumpsum

Post by zz666 »

The £500 is partly paid by the 2 hours per week posties will be giving rm for free. The £900 lump sum is from money in pension fund. All seems a bit desperate. A poorly negotiated settlement on behalf of a clearly defeated cwu.
postieblueshirt
Posts: 1241
Joined: 01 Oct 2019, 22:05
Gender: Male

Re: Pay increase and lumpsum

Post by postieblueshirt »

norris9 wrote:
12 Jul 2023, 20:24
I realise how poor we are paid when I go for a massage for £80 to £90 per hour.... and no, there is no happy ending....

I have to walk for 7+ hours to be able to afford a 1 hour massage to fix my messed up muscles.
God sake man the going rate for a happy massage is £60 look on Gumtree especially the ones that state "very good with my hands" read between the lines.
timbo1234
Posts: 312
Joined: 17 Jun 2015, 21:14
Gender: Male

Re: Pay increase and lumpsum

Post by timbo1234 »

chickenwittle wrote:
12 Jul 2023, 12:42
timbo1234 wrote:
12 Jul 2023, 08:32
chickenwittle wrote:
12 Jul 2023, 08:00
:Very Happy didn’t take long for someone to ask , it’s all about the money right ?
If you are that principled you can donate your share to a charity. That would earn my respect.
I’m assuming you didn’t agree with privatisation, did you give your shares back ?
I sold them as soon as I could. What that has to do with anything I am at a loss to see. There was not a vote to privatize RM was there ? I work to live. If I didn't get paid I wouldn't go. Principles are very praiseworthy but they are not worth anything in a supermarket.