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Friday bonus

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
Dexydog
Posts: 887
Joined: 14 Jan 2017, 13:54
Gender: Male

Re: Friday bonus

Post by Dexydog »

pinstripe wrote:
27 Sep 2023, 16:53
Dexydog wrote:
27 Sep 2023, 16:29

What's so difficult about dividing a figure by 37 and multiplying by someone's contracted hours??
I’m going to assume that full timers on 35 hours will receive 35/37ths payment otherwise all the part timers have been shafted…..again
You would think that would be the case.
What's odd with mine is that the lump sum element is exactly correct using that calculation method, but the escrow is well short.
Anyone know of a reason the escrow is calculated differently/I'm calculating wrongly?
BenacreNick
Posts: 1180
Joined: 18 Jul 2022, 13:27
Gender: Male

Re: Friday bonus

Post by BenacreNick »

Mjd, nickvilla, just wondering why your figure is so high - 2k you say ?
BenacreNick
Posts: 1180
Joined: 18 Jul 2022, 13:27
Gender: Male

Re: Friday bonus

Post by BenacreNick »

Dexydog. There's only one way to calculate it if your pro-rata, my friend.
Racingpostie
Posts: 94
Joined: 23 Jun 2021, 15:49
Gender: Male

Re: Friday bonus

Post by Racingpostie »

Dexydog wrote:
27 Sep 2023, 16:29
My escrow is there but it's short by about 50 quid.
I'm part time and the pro rata part of the lump sum 500 is correct.
Have emailed HR as their calculation is wrong.
What's so difficult about dividing a figure by 37 and multiplying by someone's contracted hours??
Not sure where people above are arriving at 2k gross, its 1107 add 500.
Their obvs including the weeks wage too and thus as a whole around the 2k pre tax mark.
mjd24
Posts: 1406
Joined: 11 May 2008, 18:48

Re: Friday bonus

Post by mjd24 »

BenacreNick wrote:
27 Sep 2023, 17:15
Mjd, nickvilla, just wondering why your figure is so high - 2k you say ?
Sorry the £2 is my total weeks pay not just the extra payments
Dexydog
Posts: 887
Joined: 14 Jan 2017, 13:54
Gender: Male

Re: Friday bonus

Post by Dexydog »

BenacreNick wrote:
27 Sep 2023, 17:16
Dexydog. There's only one way to calculate it if your pro-rata, my friend.
:thumbup
So they have calculated the escrow wrongly.
Let's see what excuse they come back with.
Hopefully no argument and it gets adjusted upwards next week.
Just wondered if perhaps the escrow part might be calculated differently for some obscure reason.
pieoftheday
Posts: 1834
Joined: 11 Mar 2010, 16:43
Gender: Male

Re: Friday bonus

Post by pieoftheday »

Dexydog wrote:
27 Sep 2023, 16:29
My escrow is there but it's short by about 50 quid.
I'm part time and the pro rata part of the lump sum 500 is correct.
Have emailed HR as their calculation is wrong.
What's so difficult about dividing a figure by 37 and multiplying by someone's contracted hours??
Not sure where people above are arriving at 2k gross, its 1107 add 500.
£1107? Is that just an error or am I £100 down?
thefox
Posts: 1171
Joined: 24 Aug 2010, 20:09
Gender: Male

Re: Friday bonus

Post by thefox »

pieoftheday wrote:
27 Sep 2023, 17:33
Dexydog wrote:
27 Sep 2023, 16:29
My escrow is there but it's short by about 50 quid.
I'm part time and the pro rata part of the lump sum 500 is correct.
Have emailed HR as their calculation is wrong.
What's so difficult about dividing a figure by 37 and multiplying by someone's contracted hours??
Not sure where people above are arriving at 2k gross, its 1107 add 500.
£1107? Is that just an error or am I £100 down?
Im sure thats an error is it not 1007
Robk80
Posts: 12
Joined: 09 Nov 2018, 14:33
Gender: Male

Re: Friday bonus

Post by Robk80 »

For Full timers it is £1007.
Dexydog
Posts: 887
Joined: 14 Jan 2017, 13:54
Gender: Male

Re: Friday bonus

Post by Dexydog »

That makes sense.
Not sure where I got 1107 from.
Will send an email and let them know I'm an idiot.
Cheers all.
thefox
Posts: 1171
Joined: 24 Aug 2010, 20:09
Gender: Male

Re: Friday bonus

Post by thefox »

Dexydog wrote:
27 Sep 2023, 18:07
That makes sense.
Not sure where I got 1107 from.
Will send an email and let them know I'm an idiot.
Cheers all.
🤣🤣🤣
Dexydog
Posts: 887
Joined: 14 Jan 2017, 13:54
Gender: Male

Re: Friday bonus

Post by Dexydog »

Royal Mail is fantastic after all, who knew?
twoloops
Posts: 2031
Joined: 24 May 2017, 20:52
Gender: Male
Location: Sheffield

Re: Friday bonus

Post by twoloops »

The 67° sold you down the river bonus 😤
TOWER1
Posts: 95
Joined: 24 Sep 2019, 16:05
Gender: Male

Re: Friday bonus

Post by TOWER1 »

Hi

I'm from an office with no rep, help etc

I get most of my information on this site... gratefully...

On a 24 hour contract.

What should I have got, ?

I'd be grateful for any help.

Thank you.
Shadedpostie
Posts: 278
Joined: 22 Sep 2020, 23:21
Gender: Male

Re: Friday bonus

Post by Shadedpostie »

TOWER1 wrote:
27 Sep 2023, 20:02
Hi

I'm from an office with no rep, help etc

I get most of my information on this site... gratefully...

On a 24 hour contract.

What should I have got, ?

I'd be grateful for any help.

Thank you.
Should come out roughly 977.51 before tax. Think it's the lump sum divide by 37 then times it by the amount of hours you work.