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What is Colleagueshare Local Dividend?

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
PhilthyPhil
Posts: 1155
Joined: 23 Nov 2007, 19:15

What is Colleagueshare Local Dividend?

Post by PhilthyPhil »

Had this in my pay today, no idea what it is and no one was really able to explain it other than saying its a bonus of some sort (duh). What's it supposed to be for?
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TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72626
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

Re: What is Colleagueshare Local Dividend?

Post by TrueBlueTerrier »

PhilthyPhil wrote:Had this in my pay today, no idea what it is and no one was really able to explain it other than saying its a bonus of some sort (duh). What's it supposed to be for?
Its come as part of the Modernisation and Flexibility agreement one of the carrots they used to get a yes vote.
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cityfc
Posts: 82
Joined: 24 Apr 2008, 22:29

Post by cityfc »

well i received share but it was only £206 THOUGHT IT WAS SUPPOSED TO BE £400 never been told it was to be pro-rata at any time by the union or RM
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PhilthyPhil
Posts: 1155
Joined: 23 Nov 2007, 19:15

Post by PhilthyPhil »

I got about £180 but I have only been there since November. Still, I wasn't expecting to get any as I started after the strikes and everything so it was a nice suprise.
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cityfc
Posts: 82
Joined: 24 Apr 2008, 22:29

Post by cityfc »

anyone got any idea how it was worked out iour office was under the impression everyone would receive £400
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glenfiddich
Posts: 1012
Joined: 03 Oct 2007, 13:15

Post by glenfiddich »

i never got my 30 pieces of silver :shock:
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heapsy
Posts: 2965
Joined: 02 Jun 2007, 23:40
Gender: Male
Location: Drinking with Gangsters

Post by heapsy »

cityfc wrote:well i received share but it was only £206 THOUGHT IT WAS SUPPOSED TO BE £400 never been told it was to be pro-rata at any time by the union or RM
Yes, £400 for a full timer, pro rata for the rest.
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ewen1956
Posts: 59
Joined: 09 Sep 2007, 11:18

Post by ewen1956 »

Have been trying to fathom out how my share came to £388.07p. --------Cannot work out this odd amount whatsoever!
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ewen1956
Posts: 59
Joined: 09 Sep 2007, 11:18

Post by ewen1956 »

Even though, I'm happy enough with the amount, just been trying to work out how RM came to that figure!
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Big Daz
Posts: 5668
Joined: 17 Apr 2007, 20:27
Gender: Male

Post by Big Daz »

When did you employment start and have you done a 40 hour week for the entire financial year?
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traww
Posts: 69
Joined: 24 Feb 2008, 10:43

includes overtime

Post by traww »

The amount you get is worked out not only on contracted hours, but also includes overtime done.

I am 31 hours by contract but got 360 quid (not 310) cos i average 36 hours pw with overtime.
Please sir can I have more?
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ghostgirl
Posts: 157
Joined: 06 Apr 2008, 00:44

Post by ghostgirl »

PhilthyPhil wrote:I got about £180 but I have only been there since November. Still, I wasn't expecting to get any as I started after the strikes and everything so it was a nice suprise.
What are your contracted hours PhilthyPhil as I started around same time as you and I only got £91 on a 25hr contract.
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PhilthyPhil
Posts: 1155
Joined: 23 Nov 2007, 19:15

Post by PhilthyPhil »

I started on 30 hrs but went full time in Febuary and I do lots of overtime as well if that makes any difference.
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postyparker
Posts: 54
Joined: 03 Dec 2007, 23:05

Post by postyparker »

I started on 7th Jan this year and got nothing :(

Oh well haha
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Big Daz
Posts: 5668
Joined: 17 Apr 2007, 20:27
Gender: Male

Post by Big Daz »

Email wages address on back of payslip


Challenge it!
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