RMCtv : One-off lump sum payment being paid to each employee in September confirmed as 1,007

[cockneyrebel]

Just Changing subject a second
Ms Brown is still alive !!!!!!
Had heard more noise from a dormouse in derelict church
Chief People Officer ????????????????????????????????????????????????
Losing staff everyday-unable to replace due to crap hours re weekends-less money than others employed-dropped on worst routes/limited training.
Turn the company around ??
Not with any of current senior personnel-as they have created the mess with simply appalling decisions/inability to rectify mistakes
It cannot be turned around re people there

[CRIBMAD]

enjoy the blood money, when its gone its gone - a bit like this job now !

[timbo1234]

enjoy the blood money, when its gone its gone - a bit like this job now !

Have a day off.

[milly]

enjoy the blood money, when its gone its gone - a bit like this job now !

You're still going to take this "blood money " as you call it, because you are a hypocrite .
See you in Spoons on the 29th

[sixfoottwo]

It's probably been answered before but, do you have to be employed on the 29th to get the bung?

I have a few potential jobs lined up in the meantime!

[N|M]

It's probably been answered before but, do you have to be employed on the 29th to get the bung?

I have a few potential jobs lined up in the meantime!

No the cut off date was 4 August if you were looking to leave to still get it, However if you joined RM after 26th March 2023 then you wont get it.

To receive the lump sum employees will need to be employed by Royal Mail on 4 August
2023– payment date being 29 September 2023 (for both weekly and monthly paid
employees)

Employees must have been employed on 26 March 2023 to qualify for the escrow payment
(qualifying period). If you joined RM after 26 March 2023 you are not entitled to a payment.

[sixfoottwo]

It's probably been answered before but, do you have to be employed on the 29th to get the bung?

I have a few potential jobs lined up in the meantime!

No the cut off date was 4 August if you were looking to leave to still get it, However if you joined RM after 26th March 2023 then you wont get it.

To receive the lump sum employees will need to be employed by Royal Mail on 4 August
2023– payment date being 29 September 2023 (for both weekly and monthly paid
employees)

Employees must have been employed on 26 March 2023 to qualify for the escrow payment
(qualifying period). If you joined RM after 26 March 2023 you are not entitled to a payment.

Thanks.

[LouBarlow]

enjoy the blood money, when its gone its gone - a bit like this job now !

You’ll enjoy the money like the rest of us because you are the biggest hypocrite on this forum.

Side note - always interesting to wake up to see posts deleted overnight. Considering the abuse dished out by some of the less sophisticated posters here that is left unchallenged it makes you curious as to what was said.

[Dexydog]

Deleted.

[ihatedogs]

Are either of these lump sum payments pensionable?

[rogersh]

Just Changing subject a second
Ms Brown is still alive !!!!!!
Had heard more noise from a dormouse in derelict church
Chief People Officer ????????????????????????????????????????????????
Losing staff everyday-unable to replace due to crap hours re weekends-less money than others employed-dropped on worst routes/limited training.
Turn the company around ??
Not with any of current senior personnel-as they have created the mess with simply appalling decisions/inability to rectify mistakes
It cannot be turned around re people there

Talking of senior personnel; Simon Thompson officially departs on 31st October.
The CWU indicated the new CEO will be appointed imminently. It would not be a surprise if he or she appointed some new faces to create their own "Team".

[claretandblue]

Are either of these lump sum payments pensionable?

No, but you could've opted to pay some, or all of it into a AVC to save on tax/ni.

[yellowbelly]

So 20% tax plus 12 NI and because it's more than 900 odd, it's an extra 2% NI. Would that be right, if so ,we would get £994 out of the £ 1507.

12% 'normal' NI deduction on your pay between 242 and 967 for the week.
The 'extra' 2% NI on the amount above your pay for the week over the 967.

You only pay 2% on any amount over 967.
Not an additional 2%.
This might be negated by going into the higher tax bracket for that week, but you will get this back.
Either way you actually pay 10% LESS ni over 967 per week.

Yep, bad wording on my part, apologies!

[qwerty2]

Anyone work out how many people have left
for us to get an extra £107?

[Bridgeman]

Can anyone calculate what a partimer on A 24 hr contract will get?