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management bonus scheme details?

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
ronpetetrevchris
Posts: 503
Joined: 30 Oct 2007, 17:55

management bonus scheme details?

Post by ronpetetrevchris »

Do we know any details of the management bonus schemes. How does lasping figure into this and which tier of management gets what ratio?

It would be nice to let the people who run around and use thier own cars who they are working for free for (if that makes sense).
andy2007
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Re: management bonus scheme details?

Post by andy2007 »

I think it's based on failure. The worse they perform, the more money they get. At least that's what seems to happen with the most senior Managers anyway! :chuckle :chuckle

But seriously: Unless one of the Managers on here choose to tell you, I doubt that any of us will ever know.
Don't knock Insanity
it's just another outlook on Reality!
Big Daz
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Re: management bonus scheme details?

Post by Big Daz »

I was told once it was local ,area and national performance. Senior managers scrutnise not just the hours being used but the way local mangers are running the place.
Lincox
EX ROYAL MAIL
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Re: management bonus scheme details?

Post by Lincox »

In a public company surely this should be public knowledge.
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POSTMAN
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Re: management bonus scheme details?

Post by POSTMAN »

Can a manager on the site please put us out of our misery. :nervous
I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
BELIAL
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Joined: 15 Jun 2007, 17:33
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Re: management bonus scheme details?

Post by BELIAL »

POSTMAN wrote:Can a manager on the site please put us out of our misery. :nervous
Don't tell me that the up up and away agreement had a section on compulsory euthanasia :evil/mad
Bye
Steviea34
Posts: 474
Joined: 10 Apr 2009, 10:44
Gender: Male

Re: management bonus scheme details?

Post by Steviea34 »

andy2007 wrote:I think it's based on failure. The worse they perform, the more money they get. At least that's what seems to happen with the most senior Managers anyway! :chuckle :chuckle

But seriously: Unless one of the Managers on here choose to tell you, I doubt that any of us will ever know.
Unit achieves budget/GROUP acheives PROFIT = % of bonus, hits quality target = % of bonus, bearing in mind the strikes last year , we failed most
of our quality targets, profit target not hit, not sure how much they'll get - already seen one manager at our place with his Skegness & Cleethorpes
brochure for next year so it aint looking good :Very Happy :Very Happy
Lincox
EX ROYAL MAIL
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Re: management bonus scheme details?

Post by Lincox »

And in what better places would you like to holiday. Ask the Scots and the Yorkies, they cant get enough of our beautiful beaches, fairgrounds, bingo halls etc etc.
DirtyHarry
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Joined: 13 May 2007, 23:16
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Location: London

Re: management bonus scheme details?

Post by DirtyHarry »

This how management's bonus scheme works.
The harder and faster YOU work, the bigger and juicier THEIR bonus is. It requires the barest minimal of effort on their part, and what can only be described as, HERCULEAN EFFORT from YOU.

That counts as being fair, in the world of the "something for nothing" brigade, aka, the middle class.
jaxx
Posts: 19
Joined: 08 Jun 2010, 21:36
Gender: Male

Re: management bonus scheme details?

Post by jaxx »

I believe your unit`s sick absence is also taken into account. The fact that if you go a whole year without any sick
gets you nothing, it will trigger a bonus payment for your manager ! They reap what you sow.
andy2007
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Re: management bonus scheme details?

Post by andy2007 »

Steviea34 wrote:
andy2007 wrote:I think it's based on failure. The worse they perform, the more money they get. At least that's what seems to happen with the most senior Managers anyway! :chuckle :chuckle

But seriously: Unless one of the Managers on here choose to tell you, I doubt that any of us will ever know.
Unit achieves budget/GROUP acheives PROFIT = % of bonus, hits quality target = % of bonus, bearing in mind the strikes last year , we failed most
of our quality targets, profit target not hit, not sure how much they'll get - already seen one manager at our place with his Skegness & Cleethorpes
brochure for next year so it aint looking good :Very Happy :Very Happy
That makes a lot of sense. But what happens if they do really well on the budget, but quality suffers. Do they still get a bonus, or can one cancel out the other?

The reason I'm asking is that although it's obviously going to be a different scheme for the more senior Managers. They do seem to have their bonuses attatched to profits at the expense of everything else. I'm not trying to be unpleasant here. I'm just curious. Because it's important to understand how this works. As it will affect the Manager's priorities.
Don't knock Insanity
it's just another outlook on Reality!
User avatar
POSTMAN
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Joined: 07 Aug 2006, 03:19
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Re: management bonus scheme details?

Post by POSTMAN »

POSTMAN wrote:Can a manager on the site please put us out of our misery. :nervous
Image
I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
baldrick
EX ROYAL MAIL
Posts: 5038
Joined: 13 Sep 2007, 23:37
Gender: Male

Re: management bonus scheme details?

Post by baldrick »

POSTMAN wrote:
POSTMAN wrote:Can a manager on the site please put us out of our misery. :nervous
Image
They're like the Cosa Nostra, they take a vow of omerta. :shhhhh
fishtank
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Joined: 28 Sep 2007, 17:22
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Re: management bonus scheme details?

Post by fishtank »

I would imagine in future it will be tied into this "Top 10%" bollox....so watch your back. :nervous :nervous :cuppa
good times, bad times you know I've had my share
Steviea34
Posts: 474
Joined: 10 Apr 2009, 10:44
Gender: Male

Re: management bonus scheme details?

Post by Steviea34 »

andy2007 wrote:
Steviea34 wrote:
andy2007 wrote:I think it's based on failure. The worse they perform, the more money they get. At least that's what seems to happen with the most senior Managers anyway! :chuckle :chuckle

But seriously: Unless one of the Managers on here choose to tell you, I doubt that any of us will ever know.
Unit achieves budget/GROUP acheives PROFIT = % of bonus, hits quality target = % of bonus, bearing in mind the strikes last year , we failed most
of our quality targets, profit target not hit, not sure how much they'll get - already seen one manager at our place with his Skegness & Cleethorpes
brochure for next year so it aint looking good :Very Happy :Very Happy
That makes a lot of sense. But what happens if they do really well on the budget, but quality suffers. Do they still get a bonus, or can one cancel out the other?

The reason I'm asking is that although it's obviously going to be a different scheme for the more senior Managers. They do seem to have their bonuses attatched to profits at the expense of everything else. I'm not trying to be unpleasant here. I'm just curious. Because it's important to understand how this works. As it will affect the Manager's priorities.
Yes mate , quality will effect his bonus, that is why the fiasco in Scotland with test letters & panellists came to light.

Although there was mention of quality in the area to avoid fines etc, individual M.C & D.O bonuses would be affectded :Very Happy :Very Happy