Do you really think there will be backpay on any equalisation deal? Can't see it myself
Ward and Walsh promised there would be. So no.
I dont remember them saying it'd be backdated
Wasnt it that it would be equalised over a 3 year period but if you have already done 3 years on the ''new contract'' then you will upgrade to the equal terms immediately
Thats not the same as backdating the enhanced pay and supplements
Last edited by Acca Dacca on 09 Apr 2026, 17:17, edited 1 time in total.
If you tolerate this, then your paid break will be next
Do you really think there will be backpay on any equalisation deal? Can't see it myself
Ward and Walsh promised there would be. So no.
I dont remember them saying it'd be backdated
Wasnt it that it would be equalised over a 3 year period but if you have already done 3 years on the ''new contract'' then you will upgrade to the equal terms immediately
Thats not the same as backdating the enhanced pay and supplements
They said the first step would be in September and when that was missed they said any agreement would include the first step being backdated to September.
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The protracted nature of these negotiations has also impacted on other areas of the agreement including agreeing the first step in equalising new entrants’ terms and conditions.
Following discussions last week, we can confirm that EP Group will now be taking the lead on these talks, and they will intensify from next week. The CWU position is that any settlement we reach will have to be backdated to September to ensure we deliver on the terms of the Rebuilding Royal Mail Part 1 agreement.
“
This March CPI will be most likely above 3% but this is not the issue now. The real danger is what the inflation will be like when we eventually get the money into our bank accounts.
Given recent events negatively impacting global trade and especially the energy sector, all of this will certainly lead to spikes in inflation globally and denting UK's already battered economy. This will likely be constantly pushing BOE intended CPI target of 2% higher and higher. Even if we are somehow granted 3%+ and I doubt that's gonna come easy or soon we are facing inflation in the region of 7-8% easily around autumn if things won't resolve quickly and it doesn't look like they will.
I hope that CWU leaders are aware of this but I have lost all hope, I haven't got faith in their ability to slow down our race to the NMW and stop the living standards decline.
It's the more realistic pattern that happens when inflation averages 3-4% and pay rises are only averaging 2-3% so there is a gradual erosion of real wages. It's a genuine concern when minimum wage rises 4-5% each year but RM pay only rises 2-3%.
An important thing about inflation that people often miss is that even when inflation falls, the prices don't automatically go down, they just rise slower
On the face of it, shareholder value is the dumbest idea in the world.
This March CPI will be most likely above 3% but this is not the issue now. The real danger is what the inflation will be like when we eventually get the money into our bank accounts.
Given recent events negatively impacting global trade and especially the energy sector, all of this will certainly lead to spikes in inflation globally and denting UK's already battered economy. This will likely be constantly pushing BOE intended CPI target of 2% higher and higher. Even if we are somehow granted 3%+ and I doubt that's gonna come easy or soon we are facing inflation in the region of 7-8% easily around autumn if things won't resolve quickly and it doesn't look like they will.
I hope that CWU leaders are aware of this but I have lost all hope, I haven't got faith in their ability to slow down our race to the NMW and stop the living standards decline.
It's the more realistic pattern that happens when inflation averages 3-4% and pay rises are only averaging 2-3% so there is a gradual erosion of real wages. It's a genuine concern when minimum wage rises 4-5% each year but RM pay only rises 2-3%.
An important thing about inflation that people often miss is that even when inflation falls, the prices don't automatically go down, they just rise slower
You are correct but this is why inflation spikes are so dangerous and in fact are the real issues, these spikes tend to float a little longer because it all takes time and it spooks BOE and as you said it bringa the average up further eroding little pay rise we may get.
Lets hope that CWU will renegotiate something meaningful but we all know what we getting, dont we?