Talks have ended - no agreement : Added RM's improved offer to 1st post

[Hyrrokkin]

So much for non disclosure and confidentiality blah,blah,blah. RM are the first ones out of the blocks to issue some sort of statement on the talks. The union has been outsmarted yet again by these imbeciles and they still want to carry on talking. RM have stated no more crumbs for us, so it’s time to strike now,WTF are they waiting for?

CWU over to you
Disclose everything about the talks,
We want ALL the information - not the bullshit that RM have released

[norris9]

What is so attractive about a lump sum? If you took that amount in percentage terms you would get paid it every subsequent year, not just a one off.

They're fobbing you off anyway, the £1500 is just the 5% they offered as the "best and final offer" for 2022.

The £1,500 lump sum is attractive for me as I'd instantly invest it.

[datasaint]

What is so attractive about a lump sum? If you took that amount in percentage terms you would get paid it every subsequent year, not just a one off.

They're fobbing you off anyway, the £1500 is just the 5% they offered as the "best and final offer" for 2022.

The £1,500 lump sum is attractive for me as I'd instantly invest it.

And watch its value be eroded by inflation?

Lump sums are just bribes, they make us all poorer ultimately.

[roadrunner bill]

the elites at royal mail are obsessed with money, power and control....... f***ing only human.... what a sad bunch they are.. they know s**t..

[RTP]

It's quite pathetic that we are into early evening and still nothing has been mentioned on sick pay etc.

[iHateD2Ds]

4:30 last letter in December!

[DonkeyOT]

4:30 last letter in December!

And if it is, then it will be my last (ever) letter.

[smok3y666]

What is so attractive about a lump sum? If you took that amount in percentage terms you would get paid it every subsequent year, not just a one off.

They're fobbing you off anyway, the £1500 is just the 5% they offered as the "best and final offer" for 2022.

The £1,500 lump sum is attractive for me as I'd instantly invest it.

£1500 less tax & NI

[TopperGas]

What is so attractive about a lump sum? If you took that amount in percentage terms you would get paid it every subsequent year, not just a one off.

They're fobbing you off anyway, the £1500 is just the 5% they offered as the "best and final offer" for 2022.

The £1,500 lump sum is attractive for me as I'd instantly invest it.

£1500 less tax & NI

That's also going to apply to any pay offer we get?

[DonkeyOT]

What is so attractive about a lump sum? If you took that amount in percentage terms you would get paid it every subsequent year, not just a one off.

They're fobbing you off anyway, the £1500 is just the 5% they offered as the "best and final offer" for 2022.

The £1,500 lump sum is attractive for me as I'd instantly invest it.

£1500 less tax & NI

Less c£600 for the shafted 25 hour outcasts.

[smok3y666]

Tweet
See new Tweets
Conversation
The CWU
@CWUnews
Tomorrow at 7pm we will be live to you to let you know exactly where we are in the Royal Mail Group dispute.

You’ve trusted your union all the way through this dispute. You know we have your backs and we have yours.

Round up every single colleague.

#WeAreStillHere

[marroc327]

Got to put this to the members..what good is striking...ARE YOU MAD !!!! the business is on its knees ffs

[CamPostie]

That’s a bloody awful pay offer (both of them).

But what’s worse - RM would want the CWU to put both offers up to the membership knowing full well;

1.) It’d split the vote between the two offers and ‘no deal’.

2.) That a lot of members would be lured by the bigger lump sum with option B even though that’s by far the worse of the two.

At least with option A the 6% from April 2023 would apply to overtime and pension contributions etc and in theory compound the following years 2% up a bit.

I would say we should be looking for at least;

• £2,000 lump sum payable immediately
• 5% from 2023
• 5% from 2024

I know that’s not much better but it’s in the ballpark range of what RM are showing is available minus their accounting tricks.

One further point - I think the previous ‘final offer’ was potentially better because it would have forced the company to come to the table again in October.

[curleigh]

it will not be put to the members as no deal was agreed !

What gives them the right to reject this deal without putting to the members...we're in a democracy!!!!

[curleigh]

The deal above isn't actually bad and if the CWU don't put this to vote they're probably signing our P45.
The deal on pay with the largest lump sum equates to 14% over the next two yrs or 16% if you include the 2% we have had already. With inflation set to fall to 3% by 24 it's not a million miles away from keeping up with inflation over that 3yr period.
The 500 lump sum option would equate to just over 10% so not as good as the biggest lump sum option.
Incidentally both options you end up on same basic wage after 2 yrs whichever way round you take the 2% and 6% .

No compulsory Sundays.
Existing allowances not touched.
No later starts for a year.

The Union has to put this to a vote IMHO.

absolutely..if not I'll be pulling my subscription