Yes but "getting rid of mainly full time long serving staff with all the expensive perks they have" doesn't mean that newer employees will be on lower pay or without sick pay, holiday pay and pensions.Deadly wrote:It is expensive for Royal Mail, but it's a short term financial pain for a long time financial gain by getting rid of mainly full time long serving staff with all the expensive perks they have. Perhaps Royal mail are for once planning for the long term rather than not looking further ahead than the next twelve months, which is what they normally seem to do.
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Voluntary Redundancy
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Lounge Lizard
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Re: Voluntary Redundancy
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Lounge Lizard
- EX ROYAL MAIL
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Re: Voluntary Redundancy
Stormy,Stormproof wrote:I'm taking buy down. Have been told you are not allowed to work o/t or any SA's otherwise you have to start paying buy down money back once you go over your hours (new thing??). Anyway I'll be happy to do my 25 hours and then stick my fingers up if they want me to go overdvbuk55 wrote:Well it's worth looking at depending on your age and circumstances. Bearing in mind that should a vacancy occur full time after 2 years you could apply for it. It may be that the buy down gives you the opportunity to work overtime when you want it.Stormproof wrote:They done the VR exercise at my office before xmas. Everyone was given their figures but we've been told no VR's. Only buy down being offered.![]()
Very happy that RM are giving me money to start my own business from home
Yes it probably is a new thing that one has to start paying buy down money back once you go over your hours because those I know that bought down many years ago have routinely been making their hours up "part to full" with overtime.
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baldrick
- EX ROYAL MAIL
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Re: Voluntary Redundancy
It does if they are PT staff with pro-rata sick and holiday pay, pensions and less holidays with shorter service.Lounge Lizard wrote:Yes but "getting rid of mainly full time long serving staff with all the expensive perks they have" doesn't mean that newer employees will be on lower pay or without sick pay, holiday pay and pensions.Deadly wrote:It is expensive for Royal Mail, but it's a short term financial pain for a long time financial gain by getting rid of mainly full time long serving staff with all the expensive perks they have. Perhaps Royal mail are for once planning for the long term rather than not looking further ahead than the next twelve months, which is what they normally seem to do.
Even less if they are Angard temps.
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dvbuk55
- EX ROYAL MAIL
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Re: Voluntary Redundancy
The no OT rule must be new there was no such stipulation when I took it 9 years ago. I was 59 and took my pension and the lump sum just 9 months later and didn't work overtime either, in fact the lump sum made up the difference between FT and PT salary for the 2 years! I briefly returned to FT when I did the CSS training but tbh at 65 I was too old to go back to four 10 hour nights and decided to revert after a fortnight. I found the buy down and PT hours gave me the opportunity to continue working beyond 65 and I retired on 28 December. Good luck with your business.Stormproof wrote:I'm taking buy down. Have been told you are not allowed to work o/t or any SA's otherwise you have to start paying buy down money back once you go over your hours (new thing??). Anyway I'll be happy to do my 25 hours and then stick my fingers up if they want me to go overdvbuk55 wrote:Well it's worth looking at depending on your age and circumstances. Bearing in mind that should a vacancy occur full time after 2 years you could apply for it. It may be that the buy down gives you the opportunity to work overtime when you want it.Stormproof wrote:They done the VR exercise at my office before xmas. Everyone was given their figures but we've been told no VR's. Only buy down being offered.![]()
Very happy that RM are giving me money to start my own business from home
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Lounge Lizard
- EX ROYAL MAIL
- Posts: 9458
- Joined: 06 Aug 2007, 21:54
Re: Voluntary Redundancy
DVB,dvbuk55 wrote:The no OT rule must be new there was no such stipulation when I took it 9 years ago. I was 59 and took my pension and the lump sum just 9 months later and didn't work overtime either, in fact the lump sum made up the difference between FT and PT salary for the 2 years! I briefly returned to FT when I did the CSS training but tbh at 65 I was too old to go back to four 10 hour nights and decided to revert after a fortnight. I found the buy down and PT hours gave me the opportunity to continue working beyond 65 and I retired on 28 December. Good luck with your business.Stormproof wrote:I'm taking buy down. Have been told you are not allowed to work o/t or any SA's otherwise you have to start paying buy down money back once you go over your hours (new thing??). Anyway I'll be happy to do my 25 hours and then stick my fingers up if they want me to go overdvbuk55 wrote:Well it's worth looking at depending on your age and circumstances. Bearing in mind that should a vacancy occur full time after 2 years you could apply for it. It may be that the buy down gives you the opportunity to work overtime when you want it.Stormproof wrote:They done the VR exercise at my office before xmas. Everyone was given their figures but we've been told no VR's. Only buy down being offered.![]()
Very happy that RM are giving me money to start my own business from home
It's a revelation to learn that you're only about 68.
Some on here, mischievously or not, have been making out that you're much older than that.
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dvbuk55
- EX ROYAL MAIL
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Re: Voluntary Redundancy
You mean they think I'm 69? Actually I am 69 this year. Trouble is LL I only look 50, well by candlelight and a filtered lensLounge Lizard wrote:DVB,
It's a revelation to learn that you're only about 68.![]()
Some on here, mischievously or not, have been making out that you're much older than that.
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krussel
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Re: Voluntary Redundancy
dvbuk55 wrote:You mean they think I'm 69? Actually I am 69 this year. Trouble is LL I only look 50, well by candlelight and a filtered lensLounge Lizard wrote:DVB,
It's a revelation to learn that you're only about 68.![]()
Some on here, mischievously or not, have been making out that you're much older than that.
DGP1 has told me all about your "69" antics in the naughty room.
Rows of houses all bearing down on me........I can feel their blue hands touching me.......All these things in all positions.........All these things will one day take control..........
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dvbuk55
- EX ROYAL MAIL
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Re: Voluntary Redundancy
I've been waiting for 69 all my life now it's here I'm not limber enoughkrussel wrote:dvbuk55 wrote:You mean they think I'm 69? Actually I am 69 this year. Trouble is LL I only look 50, well by candlelight and a filtered lensLounge Lizard wrote:DVB,
It's a revelation to learn that you're only about 68.![]()
Some on here, mischievously or not, have been making out that you're much older than that.
DGP1 has told me all about your "69" antics in the naughty room.
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Lounge Lizard
- EX ROYAL MAIL
- Posts: 9458
- Joined: 06 Aug 2007, 21:54
Re: Voluntary Redundancy
Is that those scented candles I've heard of that have something of a hallucinogenic effect on those nearby ?dvbuk55 wrote:You mean they think I'm 69? Actually I am 69 this year. Trouble is LL I only look 50, well by candlelight and a filtered lensLounge Lizard wrote:DVB,
It's a revelation to learn that you're only about 68.![]()
Some on here, mischievously or not, have been making out that you're much older than that.
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dvbuk55
- EX ROYAL MAIL
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Re: Voluntary Redundancy
The scented candles are to disguise the inevitable odour of old person and cabbage - just a tip for when you get older LL , better start buying them now:chuckleLounge Lizard wrote:Is that those scented candles I've heard of that have something of a hallucinogenic effect on those nearby ?dvbuk55 wrote:You mean they think I'm 69? Actually I am 69 this year. Trouble is LL I only look 50, well by candlelight and a filtered lensLounge Lizard wrote:DVB,
It's a revelation to learn that you're only about 68.![]()
Some on here, mischievously or not, have been making out that you're much older than that.
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Rommagic
- Posts: 1518
- Joined: 10 Sep 2007, 16:52
Re: Voluntary Redundancy
Heard EVR has been withdrawn by the Cwu is this true?.In kent area
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TrueBlueTerrier
- FORUM ADMINISTRATOR
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Re: Voluntary Redundancy
Rommagic wrote:Heard EVR has been withdrawn by the Cwu is this true?.In kent area
Surely you mean Royal Mail. The CWU doesn't do EVR, it provides support, information and carries out discussions and negotiations with Royal Mail, but it can't withdraw EVR.
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Patti-Ann
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Re: Voluntary Redundancy
One of our union reps was in our office asking on Monday morning. Going round taking names of people interested.Rommagic wrote:Heard EVR has been withdrawn by the Cwu is this true?.In kent area
I'm considering it so I've put my name on the list and I'll see what he comes back with
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Nigel1505
- Posts: 409
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Re: Voluntary Redundancy
"I'm considering it so I've put my name on the list and I'll see what he comes back with."
A pasty probably, if he is anything like our rep.
A pasty probably, if he is anything like our rep.
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dvbuk55
- EX ROYAL MAIL
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Re: Voluntary Redundancy
You have to feel sorry for them really it's called "Greggsitosis" and reaches almost all the way down.Nigel1505 wrote:"I'm considering it so I've put my name on the list and I'll see what he comes back with."
A pasty probably, if he is anything like our rep.